Parliamentary Oil: licensing rounds rife with corruption and Shahristani responsible

[ltr]Parliamentary Oil: licensing rounds rife with corruption and Shahristani responsible[/ltr]

 Since 02.25.2016 at 09:54 (Baghdad time)
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[ltr]Carried the oil and energy parliamentary, Thursday, and former oil minister Hussein al-Shahristani, the previous government responsible for the corruption of licensing rounds, asserting that the sale of Rumaila, Zubair, Qurna oil emphasizes the lack of study of a real strategy for the development of those fields and not mortgaged.[/ltr]
[ltr]The committee member said Aziz al-Ugaili's / balances News /, that "continuing committee to follow up any file corruption at any site for oil and energy," adding that "the most important of these files is licensing rounds file being has large ramifications in the four rounds, where the licensing rounds the first to develop and second returned starting from scratch field of oil and third rounds were fourth and gas explorations. "[/ltr]
[ltr]He added, "It was not supposed to Iraq contracts with foreign companies," noting that "the Rumaila field in the sixties was producing one million barrels per day and wondered why we contract with the company for 25 years for the development of this field."[/ltr]
[ltr]He called for "a service contract with foreign companies for two years to deal with the Iraqi National Company", wondering "why mortgage Rumaila field for 25 years for foreign companies although it is producing field."[/ltr]
[ltr]He continued, "The committee looking at these files about the reason for the contracts," adding that "there are expenses in licensing rounds were full of corruption."[/ltr]
[ltr]He held "former oil minister Hussein al-Shahristani, the previous government responsible for licensing rounds," stressing that "the current government is trying hard to address this problem and reduce expenses in the production of a barrel and try to change the first licensing round, which he described the problem."[/ltr]
[ltr]And that "these contracts costing billions of dollars," and urged "to activate the national company that exceeds its production tenfold for foreign companies."[/ltr]
[ltr]He explained that "the Commission and the Ministry of Oil, intending to activate the national company," stressing that "the Rumaila, Zubair, Qurna for foreign companies selling oil underlines the lack of real study and realistic strategy for the development of those fields and do not put them subject to foreign companies."[/ltr]
[ltr]The member of the Committee of Economy and Investment parliamentary Harith al-Harthy revealed, earlier, about the existence of new amendments will occur on the oil licensing rounds.[/ltr]
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