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In the first step of the multiplicity of financial resources tribute to Iraq to export natural gas
3/26/2016 0:00
[rtl]BAGHDAD - Hussein Tgb
multiplicity of supporting the balance of financial resources was an unattainable dream for a lot of people interested in economic affairs, but began to evaporate with the first shipment of natural gas condensate to international markets.
The economist said Bassem Jamil Antoine: The export of natural gas condensate first steps toward the multiplicity of financial resources of the country and a sign of hope in the way of salvation from the adjective rentier Iraqi economy which stayed with him for several decades. gas reserves , he said in an interview for «morning« the dream ofexporting this article became a reality on the ground, and would be a big affair for Iraq to export this task, especially Iraq stands in ranked 11th in the world , including attributes of the gas reserves in the world. He added that the exported quantities of gas will work itsrevenue to ease the budget deficit , which is characterized by relying on oil revenues by more than 90 percent, and the expansion of investment of natural gas contributes to cover the needs of the stations electrical and domestic consumption, returned this trend developed is calculated to maximize resources. great wealth Antoine called for the need to accelerate work on the associated natural gas gas investment , which is the great wealth burned every day without getting any economic feasibility of them, indicating theimportance of gas in important industries can do in Iraq fertilizers chemical and petrochemicals , which are making significant economic feasibility of Iraq, as well as re products mounted with made in Iraq and contribute to raising the gross domestic product. Meanwhile , a specialist in economic affairs Ola Nouri: the export of the first export shipment of gas liquid c5 plus through the port of Umm Qasr , the amount ofestimated ten thousand standard cubic feet, it is the result of the fruit of the joint efforts of national cadres in the Basra gas company , in collaboration with Shell and Mitsubishi, pointing out that the ministry through its plans current and future application designed to optimize the investment of wealth hydrocarbon and increase and expand the financial revenues from gas resources as well as the export of oil crude , which reflects positively on the reality of the diversity of fiscal revenue for the country. production base and returned Antoine stresses the importance of diversification of financial resources through the promotion of local industries that have the capacity to produce a lot of quality products that are imported today from global origins are not supported, pointing out that Iraq has al - Qaida productivity that need to protect their products in the first place and then provide a favorable environment for their development.[/rtl]
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