Financial corruption in the process of signing investment contracts
Date: Monday 13/2/2012 9:59
□ Baghdad / follow-up long
stressed a number of parliamentarians and experts on the importance of hiring a well known international companies and solid, specializing in the development and investment of the oil fields, calling for the need to exploit these companies in the development of existing expertise and the creation of a cadre of oil and a national art, as well as activation of human resources enjoyed by the country's oil industry
To put oil policy minutes. A member of the Committee on Energy and Oil Awad al-Awadi's Agency (news) that today's oil became the lifeblood of the basic, especially since the wealth of Iraq has large oil, he should care about this wealth by investing correctly and accurately as the main supplier of the economy. He said Al-Awadi: must contract with a major international oil companies, discreet and specialized in oil investment and the dimensions of companies lagging in its work as it would delay the implementation of oil projects and will lead to many problems between the government and the company's lagging.
He said Al-Awadi: that giant companies specialized in the field of oil need to be laws solid organize their work and ensure their rights as law of oil and gas, which began and still disabled.
He noted that Iraq has the human resources high to make it at the forefront of oil Kalkhbra petroleum scientists and engineers specializing in the oil, can be hired to develop an oil policy minutes and clear the country of his part, revealed by Economic Commission Nora Salem for financial and administrative corruption in the process of signing investment contracts with oil companies, what led to the reluctance of the work of some oil companies in their work, calling for the dimensions of these companies, contracting with the sober and well-known in the field of oil investment.
said Salem, according to the Agency (news): that most of the political problems that occur in the arena caused Oil being a resource is large and the principal of Iraq has made the international oil companies away from investing in Iraq, emphasizing the need for attention to this natural wealth through the development of a strategic plan minutes in the process of signing contracts with international oil companies. And called for the need to engage with international organizations and studies the world's oil in addition to the human resources of Iraq in order to determine state policy oil, and warned the Salem of the stolen oil or the exploitation of Iran for some oil investments as a result the oil crisis with them, surprising the insistence of the Ministry of Oil and the government on the involvement of Iranian companies the process of discovery of oil in the presence of Iran's efforts to control the oil fields and steal it. So called oil expert Amr Hesham on the need to examine and audit the international oil companies selected by the fact that Iraq passed by more than the experience of some companies were reluctant. Hisham al-according to the Agency (news): There are the names of the international oil companies are known in the field of investment and extraction of oil can Astdaaaeha and contracting with them in the process of investment of the oil fields to increase oil production and export capacity, which will increase the state revenues of oil.
said Hisham: that oil policy in Iraq is determined by three indicators production capacity as well as export in addition to the platforms floating, if increased these indicators, the oil policy, a good while if I said this means that oil policy need to reconsider them and put them back.
For his part, saw the oil expert Hamza Jeweler need to develop staff domestic oil through the contract of the country with specialized international companies to develop oil extraction in order to rely on these staff in the future the process of development of oil fields and exploration of reservoirs located in the ground.
He Jeweler's Agency (news): that there is a leading global companies specialized in the field of oil is currently operating in Iraq must be the exploitation and development of staff presence, stressing the need to create all the infrastructure that lacks the oil sector for investment and development. He called on oil expert to work to rehabilitate all economic sectors and to find alternatives to oil the fact that the Iraqi economy Rieia unilaterally dependent on oil through the activation of the agricultural sector, industrial and tourism and so on, noting that the agricultural sector in Iraq is still not encouraging, and that it is possible that the economic sector alternative oil in the event of his investment and stimulate the right way. The IMF report on oil and gas may be pointed out that what is owned by Iraq of oil amounted to (143) billion barrels of reserves have been identified (200) million barrels, etc. can be extracted and will lead the Iraq state power oil Great in a position to influence the global markets. He had agreed to government oil contract worth $ 17 billion with Royal Dutch Shell (R. De. S. AT) and Mitsubishi Corporation (8058) to contain natural gas in three oil fields in the south, and a government official said in an earlier statement that The government owns a stake (51) percent in the partnership and have the percentage of companies (49) percent, including the proportion of (41) percent of Shell and the remaining for Mitsubishi.
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