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[You must be registered and logged in to see this image.] Admin Today at 9:10 amThursday 21 January 2016
| 11:16
He said a member of the economic and investment commission, Abdul Salam al-Maliki, that some of the statements made by officials the existence of large debts for the benefit of the oil companies operating in Iraq, seek to aggravate the situation and not based on accurate data, stressing that the Ministry of Oil delivered oil companies over the past year accounted for 90 percent of dues The remaining funds will be paid this year.
Maliki said in a statement to «life» that «a lot of officials and experts pointed out that Iraq did not pay the dues of oil companies, and that the high cost and the proportion of profits is useless, the statements are inaccurate», pointing out that the budget 2015 allocated to the Ministry of Oil $ 8.9 billion to cover benefits four seasons. »
He added that «the problem that occurred is the deportation of $ 9.6 billion from 2014 to 2015, a dues of chapters III and IV only has paid dues in 2014 from the allocations in 2015, also used the state treasury bills to pay three quarters of 2015 dues.»
The total of the amounts paid until the third quarter of last year to $ 18.7 billion, and left only amount to two billion dollars this year ».
Insofar as the high profitability of oil companies operating in Iraq and not to be reduced in line with lower oil prices, al-Maliki said, if everyone agrees that you do not include licenses this item contracts is the failure of the Iraqi side, but generally Vhss profitability in specific proportions increase in production which is from 3 to $ 6 for every barrel of product, increase the production base of the well, and 13 to 16 dollars for every barrel of product in the previously undeveloped fields ».
Iraq and achieved total revenues of the ten rounds of the fields covered by the licenses, amounting to $ 53.8 billion.
Included first licensing round ten fields only, and was the basis of production rates of up to 1.054 million barrels per day, the increase is estimated at 737.1 million barrels during the nine years The financial revenue of about $ 53.8 billion.
The production of the second licensing round fields Faisal to about 369.5 million barrels and an estimated revenue of about $ 17.6 billion.
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