Adviser to the Prime Minister: the procedures for granting $ 5 per barrel of oil product to the detriment of the provinces
Adviser to the Prime Minister: the procedures for granting $ 5 per barrel of oil product to the detriment of the provinces of the country
20-01-2014 08:08 AM
Baghdad (news) .. An advisor of the Prime Minister for Economic Affairs Abdullah Hussein Al-Anbuge, that the procedures of granting $ 5 to the provinces for every barrel of oil producer damaging to the state, noting that the adoption of the percentage move the right way. said Anbuge (of the Agency news): The government has proposed to replace the clause granting Provincial amount ($ 5) for every barrel of product, including a passage percentage and its ability to (5%) for every barrel of product, because paragraph amount where significant damage to the future of the State because the State would be obliged to pay the amount even if the price of a barrel of oil, and this is expected. He Anbuge: that if oil prices dropped certainly will be affected by the sale price and thus the ratio of the $ 5 large if the identified ratio of 5% for each barrel of oil producer in the province will be in parallel with the high and low sale price of oil and the parties benefiting from the profits of oil exports. put the House of Representatives paragraph granting oil-producing provinces amount of five dollars for every barrel of oil produced after the share of the provinces is one dollar per barrel. was for Oil and Energy Committee in the Iraqi Council of Representatives expressed on Sunday, for ‘shock’ of reducing the allocations of petrodollars to the provinces producing oil to one dollar instead than five dollars, despite the enactment of the so special, and while confirming that the government can not ‘legally and constitutionally’ offense applicable law under the ‘no excuse for any reason’, called not to make the treatment of the budget deficit on the ‘shoulders of oil-producing provinces’. / End
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