Economic newspaper: despite the lack of security but Iraq is a huge source of oil

Economic newspaper: despite the lack of security but Iraq is a huge source of oil

 

Created on Thursday, July 18 / July 2013 20:30 | |


Baghdad, Washington / Orr News

Publish Your oil and gas newspaper published an article written by Bob Tepe when talking about the violence in Iraq and its oil resources. It raises a question-year-old book in the beginning about the oil market, says that the answer is "not now, at least outwardly." The question is: When will Iraq make real progress towards taking its rightful place as a head of oil?

It said Iraq's oil production dropped slightly to become over 3 million in June, which is the rate at least within three months. In spite of that produced in the past few years has been upward, Iraq earlier plans for the production of crude oil by about twice the levels of June and has the ability to do that geological. According to the International Atomic Energy Agency, the decline that occurred in June caused by the high wind that cut tank loading at the port of Basra to the south. But some attribute it to the violence, which affected the pipeline is important in the north. And production in the Kurdistan region suffers from a conflict between Baghdad and the regional authorities. Iraq remains too unsafe to allow for the necessary measures to resolve the bottlenecks faced by the infrastructure and hampers as well as the overall development of its oil sources.

The United Nations guess that political violence has killed more than 1,000 Iraqis in the month of May last year. A study carried out by the analytical (Chatham House) in London to internal conflicts between Shiites, Sunnis and Kurds keeps the Maliki government to act freely and effectively in the field of foreign policy. The Iraqis are divided over al-Maliki's support for Syrian President Bashar al-Assad and friendly relations of Iran. He says analysts Chatham House that internal conflicts about Iraq's relations with regional could be worse, but they suggest "a third way" concentrated on the Non-Aligned Movement and the Iraqi government is able to overcome the conflicts of Interior and sectarianism in order to continue its relations and interests of the International, which was clear, analysts say, from in recent intimate relations with Kuwait. So it can Iraq remains a country divided and on the brink of civil war. Or it is possible that the country will be able to take advantage of the spirit of community and continues to achieve its goals and interests of the State for the benefit of all Iraqis.




[You must be registered and logged in to see this link.]