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Increase the social benefits of licensing rounds
The first 2023/03/19
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Yesterday, Saturday, Deputy Prime Minister and Minister of Oil Hayan Abdel-Ghani pointed out the ministry's efforts to increase the allocation of social benefits for oil licensing rounds from $5 million to $10 million.
This came during his meeting with officials of the administrative units in Basra Governorate, and Abdul-Ghani said during the meeting: We seek to increase the allocations of social benefits to (10 million dollars) instead of (5 million dollars) granted by contracting companies for the oil licensing rounds, referring to increasing the allocations of social benefits from (3%) to (10%) that is deducted from the profits of the national oil companies.
He emphasized raising the level of public services provided to citizens of areas close to oil fields, supporting community and health initiatives, and organizing various workshops to train and qualify residents of areas adjacent to oil fields in various specializations.
Abdul Ghani added that the Ministry of Oil contributed to building schools and health centers, paving roads for areas near oil fields, providing potable water, and supporting water purification projects.
And the Minister of Oil continued by saying: We are communicating with the officials of the administrative units of the province to see the necessary needs of the citizens of the areas surrounding the oil fields, and work to meet them to serve the public interest.
Edited by: Marwa Sattar
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