Appearance of Mohammed Saleh
The financial adviser to the Prime Minister, the appearance of Mohammed Saleh, said Wednesday that China is entirely dependent on Iraqi crude oil, indicating that Chinese companies are ready to develop the infrastructure of Iraq, especially in the sectors of agriculture, housing, energy and rail.
"China is totally dependent on Iraqi oil and the demand for crude oil will rise from 53 percent of its total energy consumption to 64 percent in 2050," Saleh said in an interview with Al-Iktissad News. "China refineries are determined on three types Of oil in the forefront of Iraqi oil and then Iran and Saudi Arabia. "
He explained that "Iraq will issue 67% of its nose to Asia, and China holds the largest share of that ratio," stressing that "the introduction of the principle of oil for reconstruction with the Chinese state when the visit of the Prime Minister to China in December 2015 and there are signed memoranda of understanding To build development relations in this regard. "
He noted that "Chinese companies have full readiness to work in Iraq's environment and develop the infrastructure of our country and looks forward to the reconstruction of the agricultural sector, housing, energy, railways and others with a competitive basis and international standards."
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