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Domestic gas consumption and export capacity
19/5/2018 12:00 am [rtl]Walid Khaled Al-Zaidi The economic policy makers in Iraq in the current circumstances seek to achieve the main objective of development in all sectors, especially when it comes to oil resources, including benefiting from the quantities of gas extracted associated with the extraction of hydrocarbons produced locally. In fact, the logical approach to achieve the development goals and through the actions taken by the government represented by the Ministry of Oil poses three aspects of the policy of the management of the oil sector in Iraq, the first endeavor to expand the production capacity of the hydrocarbons sector of oil and gas and in accordance with plans promising and considered by those in charge of this sector to develop productivity And the second is the development of a program for expansion in the exploration and exploration and thus production in the new fields, and the third to secure the modern inputs and benefit from the expansion of the quantity of production and activate the quality of the overall process Economic, and those things stem from the agreement concluded by the Ministry of Oil recently with the British Petroleum International to invest fields in the oil of Kirkuk, which, according to analysts, the oil will bear fruit without doubt, especially when it comes to the investment of gas associated with the extraction operations, a natural wealth of very important Where domestic consumption as well as from The movement of Iraq to contract with companies specialized in the field of investment will achieve the objectives that oil experts and the economy call not only on the level of increased production capacity, but also other benefits related to the above and the most important provision of modern administrative and technological aspects possessed by international companies and the development of necessary mechanisms take into account Iraq's directions to take advantage of the quantities of natural gas associated with the extraction, which is an important issue was one of the priorities of the work of the Ministry to ensure Iraq's local needs of natural gas and marketing surplus from abroad. The success of Iraq in that policy will put the necessary plans to activate it, which would maximize the returns of oil wealth to the country, which reflects positively and significantly on the overall pillars of the national economy, and reduces the likelihood of a deficit in the budget, it is certain that any increase in exports of hydrocarbon will not Which will enhance the confidence of international companies and importers in international markets in Iraq's successful policy of managing its national wealth. This issue is no less important than other aspects of what it can play in the full and rational utilization of this revenue. Oaa sources of strength of the economy and the overall development goals and to address the financial burden on the state as well as in raising the standard of living, and the creation of a comprehensive renaissance of the country. In fact, Iraq's promising experience in this field raises many hopes and feelings of confidence in its policy of using the best use of all the raw materials, and overcoming the mistakes of wasting a national resource by mismanaging the economic process related to the importance of natural gas as an inexhaustible source of oil production. Economic significance for oil. Today, there is an urgent need to strengthen the oil wealth management strategy pursued by the Ministry of Oil according to a well-considered economic vision to end the situation of imbalance related to the loss of Iraq's national capacities and end the deformation in the proper management of wealth resources in Iraq and reduce the manifestations of waste of dependence in the previous era. The current situation requires concerted efforts to ensure the success of this experiment and push the ministry's policy to create a modern national economy to ensure maximum investment of national raw materials present and future.[/rtl] [rtl][You must be registered and logged in to see this link.][/rtl] |
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