Iraq boosts its role in the field of maritime transport oil

Iraq boosts its role in the field of maritime transport oil



6/10/2017 0:00

After signing sharing contract for the transfer of raw
Baghdad / Sabah
Oil Minister Jabbar Ali Allaibi it will not be the ministry losing company after the end of this year through the plans and programs developed by the ministry to develop the work of these companies, including Iraqi oil tankers signed on Thursday , the company, holding post with the Arab Maritime transport Company Petroleum.
The Allaibi in the ministry statement said the contract will develop the work of the Iraqi tanker company, and that the contract will return Iraq to the ranks of leading in the field of maritime transport of oil and gas products and other countries.
He explained that the contract is part of a series of measures taken by the ministry to promote national companies and developing and upgrading them to the ranks of discreet international companies in order to achieve economic goals.
For his part , Commercial Director of the Marine Arab Company said Petroleum Transport Yassin fisherman: The re - cooperation with the Iraqi tanker company by participating contract , which was signed will meet the Iraqi marketing activities, and will develop and rehabilitate the Iraqi cadres, adding that it will enable the Iraqi tanker company from entering the oil market and the sale and transportation of oil and petroleum products and liquid gas and in the future there will be for the transportation of crude oil operations.
For his part, Director General of the Iraqi Oil Tanker Company Hussein Allawi: The contract will provide flexibility for Iraqi exports will strengthen Iraq 's international standing in the field of oil transportation, confirming our plans to develop the company 's business through the purchase of two tankers another two, noting that Iraq currently has four tankers working on to provide the world 's oil tankers with fuel. "
He added , " according to the contract Arab company will raise the Iraqi flag on the tankers that bring Iraq in the field of offshore oil and global transfer market. "
for his part , said Deputy Director General of the legal department Imad Keywords that the contract was signed after obtaining the approval of the Council of Ministers It will be Iraq , the proportion of 22.5 percent of the contract without any payment, and that the contract meets all legal requirements.
For his part, the official spokesman of the ministry , Assem Jihad , said the contract will provide Iraq 's entry back into the field of marketing and shipping of oil and will open the way for the rehabilitation of Iraqi cadres where they will develop the performance of 700 Iraqi student meals at a rate of 100 students in each qualifying session.
the founder of Iraq in the Arab Maritime Company member for the transfer of oil and has a part of its capital, the company is one of the Arab formations of the Organization of Arab Petroleum exporting countries (OPEC ) [OAPEC.
The establishment of the company signed the Convention on the
Arab Maritime Petroleum Transport in May
1972, the State of Kuwait has taken the seat
it.
The company has identified purposes in carrying out all the maritime transport of hydrocarbons operations.
Contribute to the company and the countries are: the United Arab Emirates, the Kingdom of Bahrain, the Algerian Republic, Saudi Arabia, and the Republic of Iraq, and the State of Qatar, and the State of Kuwait, and the State of Libya, the Arab Republic of Egypt.

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