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Energy demand quickly open parliamentary energy investment to compensate for a loss of $ 40 billion annually
SATURDAY, OCTOBER 09, 2 / NOVEMBER 2013 13:04
Twilight News / The Commission on oil and energy parliamentary Saturday, the federal government need to speed up investment to open the door of electric power and giving the provinces the power of investment to compensate for the loss of Iraq's $ 40 billion annually.
He said the Commission's decision Qasim Muhammad's "Twilight News", "The improvement in the electrical power will not compensate for the loss suffered by the Iraqi economy each year, amounting to $ 40 billion due to suspension of laboratories and factories due to lack of power."
He added that "the improvement of energy will not happen in a short period, and it needs to activate the investment side in the field of electric power and benefit from the experiences of Arab States as well as granting the provinces the power to invest in the field of energy and non-monopoly on the Federal Ministry of Electricity."
The House of Representatives passed a law last year committed by the Ministry of Electricity to open foreign investment to companies in the field of electric power to meet the shortfall of energy.
Ministry did not do until now, electricity electric energy investment principle and confirmed earlier that the plants referred to foreign companies currently sufficient to cover domestic reserves of electricity after work projects.
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SATURDAY, OCTOBER 09, 2 / NOVEMBER 2013 13:04
Twilight News / The Commission on oil and energy parliamentary Saturday, the federal government need to speed up investment to open the door of electric power and giving the provinces the power of investment to compensate for the loss of Iraq's $ 40 billion annually.
He said the Commission's decision Qasim Muhammad's "Twilight News", "The improvement in the electrical power will not compensate for the loss suffered by the Iraqi economy each year, amounting to $ 40 billion due to suspension of laboratories and factories due to lack of power."
He added that "the improvement of energy will not happen in a short period, and it needs to activate the investment side in the field of electric power and benefit from the experiences of Arab States as well as granting the provinces the power to invest in the field of energy and non-monopoly on the Federal Ministry of Electricity."
The House of Representatives passed a law last year committed by the Ministry of Electricity to open foreign investment to companies in the field of electric power to meet the shortfall of energy.
Ministry did not do until now, electricity electric energy investment principle and confirmed earlier that the plants referred to foreign companies currently sufficient to cover domestic reserves of electricity after work projects.
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[You must be registered and logged in to see this image.]
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