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2016/11/2 02:01:51 PM
It did not pass the former Iraqi oil sector, such as the complexity and deterioration which passes it now because of the oil crisis and the decline in prices, which put Iraq in an awkward position in front of the economy, such as corruption and war, forcing him to austerity, bringing it to reduce unnecessary production costs, while continuing where politicians features.
The last of those actions taken by Iraq, and represented the shock of the global investment firms, in addition to the UAE government itself, is its decision, an inventory of dealing with companies that invest the domestic oil sector, only those with offices in Iraq, asking them, shut down its offices in Dubai, and replaced by local offices.
Economic handle being between Iraq and the companies that invest in oil fields, most notably " Sheell, PB, Lukeoil" includes such companies to develop southern oil fields of the country, in exchange for a deferred financial alternative, to be paid through the stages through oil imports, multiplied by the costs incurred by these companies and their profits.
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This agreement was well-factor while oil was beyond Brmelh dollars percent in price, before worsening economic situation, leaving Iraq bear the high oil production costs, without profit little value, forcing him to take this decision, as part of other decisions to come, is keen to reduce those costs.
Why take, is the fact that the operating companies, find dangerous in the open direct offices in Iraq overseeing the work and pursued, in addition to Dubai fact, economic investment for the entire region center, where most of the international companies which are working towards their work sites in the Middle Eastern countries, which make these oil companies, put the other burdened sums on agreed production costs, covering transport and housing employees, rent and supplies its offices there, which is added at the expense of the amounts paid by Iraq for these companies, production expenses.
The final decision, it is necessary that companies shut down their offices in Dubai and the opening of its alternatives in Iraq, to be honorable to work directly, providing transportation, housing and rent expenses for its employees, and thus reduced the cost of production in Iraq is very large.
Parties operating in the Iraqi oil sector, confirmed the news, saying "that the presence of offices not Dubai does not serve Iraq and does not see a compelling reason, they should come here and work here at a cost much less," at a time when executives of the two oil facilities two female workers in Iraq said, they have a real decision, has already starting to move their offices inside the country.
A company official said: "We used to run our business in Iraq from our offices in Dubai, where an almost daily basis is sending staff to the country back and leg, and now after the decision office removal personnel will remain in Iraq for six weeks, then take a vacation for two weeks only .
Shell on the other side, private sources confirmed from within, it has begun to reduce the number of its employees worldwide by about 12,500 item, to cover the deficit, which will create minimize the Iraqi finance, as it refers to the whole amount awarded to these companies, for services could provide costs much less, if carried out from inside Iraq, to provide for the country, very significant material liquidity, in addition to many jobs.
The company refused to comment on the matter was denied by.
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In the end, this decision is very positive for Iraq, which has provided for himself a very substantial financial resource, its people deal with these companies, to re-work projects that have been disabled due to the economic crisis, which raises a question among those interested, that, why the government waited more than for the full year to take such action.
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