Iraq: the signing of contracts for the final results of oil licensing round next week
Economic Researcher: The Ministry was not consulted by any of the provinces on the development of the fields
Baghdad, Taha Hussein - Omar Abdel-Latif
Oil Minister Hussein al-Shahristani said that the next few days will witness the signing of the final service contracts with the winning companies toured the licenses that were approved by the Council of Ministers.
Shahristani said in a statement singled out by the (morning) on the sidelines of a seminar set up by the Faculty of Information yesterday on the licensing round in Iraq and well Fakkah the days (17, 18, 20) of the month will witness the signing of final contracts with the companies that won the second round of licenses for investment fields crazy Rumaila and star Qayyarah oil, indicating that those companies were not affected by the developments that took place in a well Fakkah border in Maysan.
He drew the minister that the ministry has taken measures he described as "very difficult" in the selection of companies that won licenses tours was to be able to produce at the moment and detection accounts for the past three years and the training program conducted in countries that previously operated in addition to the environmental procedures taken in the projects, adding that the ministry has received several offers from major international companies specialized in the field of oil which has shown its willingness to invest well Fakkah border.
And on the declaration of Iraq's desire to join the International Transparency Initiative Extractive Industries between al-Shahristani said the new initiative is not the fact that Iraq has, over the past three years to take action was the announcement of the oil exporters and companies that you purchase and selling prices per barrel and the total monthly revenue generated by it, pointing out that These measures were among the requirements to join the initiative of Iraq is one of the first world after Norway, Australia and the first country in the Middle East to do so.
The minister described the current rampant corruption in the country (b corruption junior staff) being one of the countries that expose the ministers and senior officials involved with corruption after 2003, and sentenced. Shahristani stressed that it can not be during the next thirty years, at least do away with oil and fuel as energy drives most of the projects vital in the world, despite the growing work of alternative energies during this phase. On the other hand, said one of the researchers in the economic sphere the Oil Ministry was not consulted any of the provinces on the licensing rounds, according to a statement by the Ministry of Education and Scientific Research.
Dr. Nabil Jaafar, during a panel discussion hosted by the Department of Economics in the Faculty of Business and Economics at the University of Basra under the title (oil licensing rounds .. the benefits and costs), the sums spent on the oil sector, which is estimated at ten billion dollars could not increase output, asserting at the same time that the oil ministry had not been consulted on the rounds of conservative state licenses that will cause an overlap of powers between national and foreign companies, describing it with (non-logical).
He stressed that the failure to extend the gas within the investment plans is due to pressure from the Gulf states developed in the production of natural gas
Economic Researcher: The Ministry was not consulted by any of the provinces on the development of the fields
Baghdad, Taha Hussein - Omar Abdel-Latif
Oil Minister Hussein al-Shahristani said that the next few days will witness the signing of the final service contracts with the winning companies toured the licenses that were approved by the Council of Ministers.
Shahristani said in a statement singled out by the (morning) on the sidelines of a seminar set up by the Faculty of Information yesterday on the licensing round in Iraq and well Fakkah the days (17, 18, 20) of the month will witness the signing of final contracts with the companies that won the second round of licenses for investment fields crazy Rumaila and star Qayyarah oil, indicating that those companies were not affected by the developments that took place in a well Fakkah border in Maysan.
He drew the minister that the ministry has taken measures he described as "very difficult" in the selection of companies that won licenses tours was to be able to produce at the moment and detection accounts for the past three years and the training program conducted in countries that previously operated in addition to the environmental procedures taken in the projects, adding that the ministry has received several offers from major international companies specialized in the field of oil which has shown its willingness to invest well Fakkah border.
And on the declaration of Iraq's desire to join the International Transparency Initiative Extractive Industries between al-Shahristani said the new initiative is not the fact that Iraq has, over the past three years to take action was the announcement of the oil exporters and companies that you purchase and selling prices per barrel and the total monthly revenue generated by it, pointing out that These measures were among the requirements to join the initiative of Iraq is one of the first world after Norway, Australia and the first country in the Middle East to do so.
The minister described the current rampant corruption in the country (b corruption junior staff) being one of the countries that expose the ministers and senior officials involved with corruption after 2003, and sentenced. Shahristani stressed that it can not be during the next thirty years, at least do away with oil and fuel as energy drives most of the projects vital in the world, despite the growing work of alternative energies during this phase. On the other hand, said one of the researchers in the economic sphere the Oil Ministry was not consulted any of the provinces on the licensing rounds, according to a statement by the Ministry of Education and Scientific Research.
Dr. Nabil Jaafar, during a panel discussion hosted by the Department of Economics in the Faculty of Business and Economics at the University of Basra under the title (oil licensing rounds .. the benefits and costs), the sums spent on the oil sector, which is estimated at ten billion dollars could not increase output, asserting at the same time that the oil ministry had not been consulted on the rounds of conservative state licenses that will cause an overlap of powers between national and foreign companies, describing it with (non-logical).
He stressed that the failure to extend the gas within the investment plans is due to pressure from the Gulf states developed in the production of natural gas