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[size=36]Oil: The revenues generated from the sale of the region's crude are not equal to 50% of its sold value[/size]
Economie| 06:31 - 07/05/2022
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Baghdad - Mawazine News
The Ministry of Oil announced, on Saturday, that the revenues generated from the sale of the region's crude are not equal to 50% of its sold value.
Abdul Jabbar said during a meeting of the Ministry's opinion board, and Mawazine News followed him, that "the management of oil activity in the region is incorrect, as it is incorrect that the sale be at prices much lower than the prices of SOMO oil," noting that "the net revenues that go to the region's budget It does not exceed 50 percent of the value of the oil sold.
He added, "There is no country in the whole world that has two policies for energy management, and this difference has negative effects on dealing with OPEC, in addition to the fact that the multiplicity of destinations is also incorrect," noting that "the Federal Court's decision regarding the region's oil came as an explanation of the provisions of the constitution, as The political mood cannot be a pioneer in the oil industry, as the oil file is very profitable and is affected by the state's foreign policy with the interacting countries." Ended 29/R77
He added, "There is no country in the whole world that has two policies for energy management, and this difference has negative effects on dealing with OPEC, in addition to the fact that the multiplicity of destinations is also incorrect," noting that "the Federal Court's decision regarding the region's oil came as an explanation of the provisions of the constitution, as The political mood cannot be a pioneer in the oil industry, as the oil file is very profitable and is affected by the state's foreign policy with the interacting countries." Ended 29/R77
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