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Expected to increase the volume of oil exports
9/7/2016 0:00
[rtl]BAGHDAD / Farah pumice
with the pursuit of the government and parliament to push for approval of oil and gas law, he saw an oil expert said compatibility between Baghdad and Erbil would achieve asurge in imports of the country, especially that Iraq has not up until now , global share of the export of
crude. The
central government has reached with the Government Kurdistan region to an agreement last week, according to the financial advisor to the prime minister appearance ofMohammed Saleh, the text on »export of 150 thousand barrels of oil per day agreed from the fields (Baba Karkar) and (baker) through the pipeline region line up to theTurkish port of Ceyhan on condition delivery oil revenues Almsdraly national Company for the export of crude oil (SOMO) in accordance with the Constitution, to allocate 50 percent of the financial revenues of the amounts exported to solve the financial problem in Kirkuk adoption tables and calculations share shows the province
monthly ».
the expert said Ammar Ismail« morning »: the« agreement It will help to increase Iraqi export volume, which means to increase the financial revenues to reach the country 'sshare in the markets, as Iraq is currently exported , at best, 3.6 million barrels, while of his stake in the case was agreed to freeze production ceiling globally 4.075 million barrel ».
Ismail called to speed up the enactment of the oil and gas to the importance the law, because it gives reassurance to investors and supports the development of production projects.
according to the final version of the law seen by the « morning », it is intended to« establish a modern and sophisticated system for the management of petroleum operations in Iraq , including develop strategies, policies, plans distant, medium and short
term.
the lay the foundations for cooperation between relevant ministries and between them and regional bodies, in addition to the adoption of the foundations for coordination and consultation between the federal and provincial authorities and the provinces producing oil, and expand the use of the direct voltage in the public and private sectors and theIraqi foreign to carry out petroleum operations in Iraq based on the latest technology and the market economy, as well as the exchange of experiences between the Iraqi oil sector and oil industry
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