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[size=36]Parliamentary Committee: Licensing rounds caused millions of dollars to be lost by the state[/size]
Political| 10:11 - 05/01/2021
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Baghdad - Mawazine News
called on the Parliamentary Oil and Energy Committee, the government and the Ministry of Oil, to reconsider the drafting of the oil licensing rounds contracts, indicating that the licensing rounds contributed to the state's loss of millions of dollars.
Committee member Amjad Al-Oqabi explained, "The licensing rounds have advantages and disadvantages, and one of their pluses is that we did not previously have oil production in this quantity before the licensing rounds, as it saved many oil wells that were on the verge of extinction, and the tours gave a lot of experience to workers in The national oil sector of Iraqi employees and engineers.
He pointed out that "licensing rounds were recent to the Ministry of Oil, and there are some mistakes in contracting, perhaps the most prominent of which is contracting for oil extracted in fixed quantities, and the Iraqi government does not have the right to reduce the amount that it contracted in in the Corona crisis, and companies did not reduce the quantities and took the extraction amounts in the same quantities." And this is the problem of the first contract, "calling on the Ministry of Oil and the government to" reconsider the issue of these contracts and review them, in a way that guarantees the rights of the Ministry of Oil and the Iraqi people. "
He stressed that "the licensing rounds contributed to the state's loss of millions of dollars, and that the solution to these problems by forming a committee by the Prime Minister and the Minister of Oil to reformulate these contracts," indicating that "there are five rounds, each round with a quantity of contracts, and the fifth round that was signed at the end of the year." The Ministry of Oil did not proceed with it until now, due to the problems it has, most of them on the Iraqi borders.
Al-Aqabi added, "A few days ago, the Ministry of Oil contracted with a Chinese government company to invest Al-Mansouriya gas in the amount of 100 mqqmq for a period of 20 years, and that this achievement is counted by the Ministry of Oil and that it is serious about supplying electricity stations with this gas.
The head of the National Approach bloc, Ammar Tohme, had previously called for "canceling oil contracts with foreign companies and replacing them with a more beneficial form," indicating that this is a "national demand that requires concerted efforts to achieve it."
In a statement, Tohme said, "The size of the losses suffered by the national economy as a result of the oil contracts concluded by the Federal Ministry of Oil with foreign companies, as well as the ruling regarding contracts for the Kurdistan region with foreign companies, requires a national position in which the efforts of all political and social actors and the competent national elites are united to cancel these contracts." Unfair formulas for Iraq and its people, and replace them with equitable formulas. "
Tohme stated, "What some of them raise in terms of defending and whitewashing the image of these unfair contracts, devoid of the truth and clear misleading, because the national effort was producing approximately (2.1) million barrels per day before these companies started to work, and those advocating for the licensing rounds promoted numbers. With the amount of revenues, they collect what was achieved by the national effort, "noting that" a simple review of the allocations of these companies' receivables in the budget laws for previous years shows that (18 to 22%) of the total oil revenues of Iraq go to cover those licenses. "
called on the Parliamentary Oil and Energy Committee, the government and the Ministry of Oil, to reconsider the drafting of the oil licensing rounds contracts, indicating that the licensing rounds contributed to the state's loss of millions of dollars.
Committee member Amjad Al-Oqabi explained, "The licensing rounds have advantages and disadvantages, and one of their pluses is that we did not previously have oil production in this quantity before the licensing rounds, as it saved many oil wells that were on the verge of extinction, and the tours gave a lot of experience to workers in The national oil sector of Iraqi employees and engineers.
He pointed out that "licensing rounds were recent to the Ministry of Oil, and there are some mistakes in contracting, perhaps the most prominent of which is contracting for oil extracted in fixed quantities, and the Iraqi government does not have the right to reduce the amount that it contracted in in the Corona crisis, and companies did not reduce the quantities and took the extraction amounts in the same quantities." And this is the problem of the first contract, "calling on the Ministry of Oil and the government to" reconsider the issue of these contracts and review them, in a way that guarantees the rights of the Ministry of Oil and the Iraqi people. "
He stressed that "the licensing rounds contributed to the state's loss of millions of dollars, and that the solution to these problems by forming a committee by the Prime Minister and the Minister of Oil to reformulate these contracts," indicating that "there are five rounds, each round with a quantity of contracts, and the fifth round that was signed at the end of the year." The Ministry of Oil did not proceed with it until now, due to the problems it has, most of them on the Iraqi borders.
Al-Aqabi added, "A few days ago, the Ministry of Oil contracted with a Chinese government company to invest Al-Mansouriya gas in the amount of 100 mqqmq for a period of 20 years, and that this achievement is counted by the Ministry of Oil and that it is serious about supplying electricity stations with this gas.
The head of the National Approach bloc, Ammar Tohme, had previously called for "canceling oil contracts with foreign companies and replacing them with a more beneficial form," indicating that this is a "national demand that requires concerted efforts to achieve it."
In a statement, Tohme said, "The size of the losses suffered by the national economy as a result of the oil contracts concluded by the Federal Ministry of Oil with foreign companies, as well as the ruling regarding contracts for the Kurdistan region with foreign companies, requires a national position in which the efforts of all political and social actors and the competent national elites are united to cancel these contracts." Unfair formulas for Iraq and its people, and replace them with equitable formulas. "
Tohme stated, "What some of them raise in terms of defending and whitewashing the image of these unfair contracts, devoid of the truth and clear misleading, because the national effort was producing approximately (2.1) million barrels per day before these companies started to work, and those advocating for the licensing rounds promoted numbers. With the amount of revenues, they collect what was achieved by the national effort, "noting that" a simple review of the allocations of these companies' receivables in the budget laws for previous years shows that (18 to 22%) of the total oil revenues of Iraq go to cover those licenses. "
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