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Bayazid Hassan: attention must be given to industries "petrochemical" revenue to diversify the national economy
21-07-2013 11:39 AM
Baghdad (news) .. He stressed member of the Oil and Energy Committee MP / Kurdistan block change / Bayezid good, the need to pay attention to the petrochemical industries to meet the local need of oil derivatives, and export it to surplus diversify revenues economy.
Bayezid said (of the Agency news): The oil revenues accounted for 93% of the total revenues of the federal budget, which makes the Iraqi economy is weak and affected by the global economic shocks, calling for revenue to diversify the economy through interest in vital sectors.
He added: attention must be paid industries, petrochemical dependent on oil through the creation of labs own or build refineries are large and in order to satisfy the need of domestic oil derivatives كزيت engines, gasoline and gas oil, etc., to support the national economy they will provide jobs for the unemployed and provide hard currency for the country.
He pointed out: that Iraq still depends on foreign imports of fuel and that's what cost the country large sums of money, leading to the depletion of hard currency.
It is noted that the Commission on oil parliamentary confirmed earlier that Iraq imported daily (8 to 11) million liters of gasoline in spite of having three refineries, major oil, calling for the establishment of three مصافية other to fill the local need of oil derivatives. / End / 8. G. J /
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21-07-2013 11:39 AM
Baghdad (news) .. He stressed member of the Oil and Energy Committee MP / Kurdistan block change / Bayezid good, the need to pay attention to the petrochemical industries to meet the local need of oil derivatives, and export it to surplus diversify revenues economy.
Bayezid said (of the Agency news): The oil revenues accounted for 93% of the total revenues of the federal budget, which makes the Iraqi economy is weak and affected by the global economic shocks, calling for revenue to diversify the economy through interest in vital sectors.
He added: attention must be paid industries, petrochemical dependent on oil through the creation of labs own or build refineries are large and in order to satisfy the need of domestic oil derivatives كزيت engines, gasoline and gas oil, etc., to support the national economy they will provide jobs for the unemployed and provide hard currency for the country.
He pointed out: that Iraq still depends on foreign imports of fuel and that's what cost the country large sums of money, leading to the depletion of hard currency.
It is noted that the Commission on oil parliamentary confirmed earlier that Iraq imported daily (8 to 11) million liters of gasoline in spite of having three refineries, major oil, calling for the establishment of three مصافية other to fill the local need of oil derivatives. / End / 8. G. J /
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