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Parliament investigates the issue of waste of oil exports
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BAGHDAD (Reuters) - Iraq's [You must be registered and logged in to see this link.]oil and energy commission announced on Tuesday that it was hosting the director general of Iraq's [You must be registered and logged in to see this link.]oil marketing company Alaa al-Yasiri to discuss irregularities that cause "waste" of $ 14 million a month.
In early January, 13 Iraqi parliamentarians called for summoning the director of Sumo, accusing him of irregularities and abuses that "wasted" public money.
A member of the committee, MP Uday Awad said: "It has been hosted today the Director General," Sumo "and a number of heads of departments in the company, was thrown all the irregularities and evidence that prove the great waste in public money.
"The answers were inaccurate and confused," he said at a news conference at parliament. "It was a sign of lack of discipline and planning in Iraq's highest oil authority and it is responsible for exporting 98 percent of the country's oil exports."
"Losses have been identified," Awad said[You must be registered and logged in to see this link.] because of the mixing [You must be registered and logged in to see this link.]black [You must be registered and logged in to see this link.] with crude [You must be registered and logged in to see this link.] , estimated at $ 9 million per month, and other losses estimated at $ 5 million per month; because of poor management and planning.
"The committee will recommend the dismissal of all those involved in the mismanagement of the company" Sumo ", without mentioning specific names.
Iraq is the second-largest producer of oil in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia, producing a total of about 4.5 million barrels per day. [You must be registered and logged in to see this link.]
relies on its annual oil revenues to export oil, up 97%.
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