Conscious / Baghdad / FS
The Commission on oil and energy parliamentary that the oil agreement between Baghdad and Erbil has entered into force, predicting that the federal government develop a strategy to invest in natural gas in the country plan.
Committee Chairman MP Ares Abdullah said in a statement seen by (news agency, media / INA) that "the oil agreement between the federal and the Kurdistan region governments have entered into force, but there is no law to regulate the oil things in general, and due to technical problems in the region on the grounds that he so far can not export the required amount. "
The Federal Government has concluded before the oil deal with the Kurdistan region ended its crisis affected complicated greatly between Baghdad and Erbil, has described Oil Minister Adel Abdul Mahdi, the agreement that it is important to be provided for the center and deliver justice in the distribution of wealth to all the sons of the people, have to solve dilemmas that were stuck previous government was unable to overcome, but it began to grow and even worsened the situation is complicated and worsened relations between the central and the Kurdistan region governments.
And the MP Abdullah that "the central government is trying to bring large companies to invest in natural gas, as the country is rich fields discovered and undiscovered, but so far the situation is not encouraging and companies are reluctant to enter into contracts and is only concerned with the oil."
He said Abdullah, saying that "the government inevitably will develop a strategic plan, and there will be a big move from side to bring in international companies to extract and export gas in the country."
In the midst of events accelerated in terms of economy, the current financial crisis, which resulted in the deterioration of oil prices in world markets as the impact of a number of countries, including Iraq, stressing the political and popular circles and economists on the importance of diversifying sources of funding and lack of dependence on oil as a resource and a single.
One of the main sources of funding is active is natural gas, as the country is one of the richest countries in respect of this energy source, and it has a lot of fields, which experts confirms it the largest in the Middle East.
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