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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Atlantic Council: Iraq faces energy security challenges despite having oil for several reasons

    Rocky
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    Atlantic Council: Iraq faces energy security challenges despite having oil for several reasons Empty Atlantic Council: Iraq faces energy security challenges despite having oil for several reasons

    Post by Rocky Fri 12 May 2023, 5:06 am

    [size=30]Atlantic Council: Iraq faces energy security challenges despite having oil for several reasons
    [ltr]2023.05.12 - 09:07[/ltr]
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    Baghdad - Nas  
    The Atlantic Council indicated that Iraq faces challenges related to energy security despite being the second largest oil producer in OPEC for several reasons.  
      
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    In a statement followed by “NAS” (May 12, 2023), the Council summarized the challenges as follows: –  
      
    1) The lack of foreign investment and rampant corruption in the joints of the state prevent the development of energy in Iraq.  
      
    2) Iraq, although it is the second largest oil producer in OPEC, it faces challenges related to energy security.  
      
    3) Iraq's unstable environment, tainted with corruption, with the deterioration of the infrastructure and the lack of development of the judicial system, all of which frustrated the work of foreign and local investors alike.  
      
    4) The rampant corruption in the joints of the Iraqi state strengthens the system of patronage, and the environment is fraught with dangers that threaten foreign companies.  
      
    5) Decades of wars, sanctions, colonialism, corruption and lack of transparency affected the country's oil production and levels of foreign investment.  
      
    It is worth noting that the Atlantic Council is an influential nonpartisan think tank in the field of international affairs. Founded in 1961, the Council provides a forum for politicians, businessmen and global thinkers. The Foundation runs ten regional centers and functional programs related to international security and global economic prosperity.  
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