Economist calls into question the ability of Iraq to the oil-processing global markets

18/08/2013 11:12 | Number of readings: 7


Baghdad / Source News / .. expert Alaguetsidi the ruled Najm al-Moussawi, Sunday, Iraq would be able to play a big role and the President in the processing of the oil market over the next two decades for many reasons, the most prominent of the security situation and the deterioration of the oil pipeline network and presented.

Moussawi said Agency / Source News / that "Iraq has large oil reserves comparable to the oil-producing countries prominent but for Aeetmkn processing card makes it closer to those countries."

The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani, has recently confirmed that Iraq will be equipped with the president of oil in the world over the next two decades.

Moussawi said that "the deterioration of the oil pipeline networks in the northern regions and the center and south and by the deteriorating security situation will be a stumbling block in front of any increase in global processing."

He explained that "if the government intends to increase its output by D pipeline network new or old maintenance as well as on the protection of these tubes of any sabotage."

He noted that "statements by officials that side lacked precision and lack of access to oil firms reality as it happens with the Ministry of Electricity, which authorized officials reported an increase in production of electric energy in the citizen when he sees the opposite."

The Deputy Prime Minister for Energy Affairs Hussain al-Shahristani has Zcrve statement issued him on the sidelines of a speech at a symposium held at the International Institute for Strategic Studies in the city of Bombay Indian Makhrabhoudor group of heads of companies and businessmen in the energy sector, said that "the increase of oil production in Iraq would make him equipped President globally over the next two decades. "

It is noteworthy that Iraq Showing oil fields during the first licensing round and the second development by international companies to reach a production of at least 6 million barrels per day within the year 2017, and Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Arabian Gulf, as well as the port of Ceyhan Turkey on the Mediterranean, and by tanker trucks to Jordan. ended 19 / p


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