Iraq’s oil reserves is a major threat to some countries in the region

Abtan: Iraq’s oil reserves is a major threat to some countries in the region

19-08-2013 12:48 PM

Iraq's oil reserves is a major threat to some countriesBaghdad (news) .. A member of the Economic Commission MP / National Alliance / Abdul Hussein Abtan, the size of the oil reserves of Iraq constitutes a major threat to some countries in the region, calling on the government to adopt new plans for export. said Abtan (of the Agency news): that Iraq is the only country capable of that produces more than ten million barrels per day, considering that has oil reserves, large and largest reserves, as well as its ability to pay those exports through the ports border different. continued Abtan: that Iraq was able to export such quantities as well as the size of oil reserves, will certainly not appropriate for some countries, especially countries of the region’s oil, which is trying to perhaps in all the ways to disable these achievements and those exports by all means and Firecracker available to them to prevail interest them and lose Iraq. demanded Abtan: Iraqi government to pursue plans and strategies for new private export operations of oil that those steps that will ensure well-off to Iraqi citizens, especially as Iraq depends mainly on the sale of oil. This Council of Ministers approved during its regular, on 23 October 2012 on the financial budget for the next year in 2013 to 138 trillion dinars on the basis of the calculated price of a barrel of oil at $ 90 per barrel and the amount of 2.0009 million bpd, of which 250 thousand barrels of Kurdistan and Iraq has occurred during the year 2010 contracts with several international companies to develop some oil fields in the two rounds of licensing the first and second, to reach a production of at least six million barrels per day within the year 2017 and focused those contracts in most fields south. / End

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