KORDESTANI ADVISER: IRAQ EXCLUDE EXPORT 3.6 MILLION BARRELS OF OIL
9/23/2015


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - ruled out the economic security adviser in the Ministry of Natural Resources in the Kurdistan Region Bioar Khansa, Iraq exported 3.6 million barrels of oil per day in 2016, attributing it to natural conditions of the poor in the Gulf basin and political unstable conditions in Region. Said Bioar's (IMN), the "Select Sardat oil rate in the budget of 2016 with 3 million and 600 million barrels and is priced at $ 45, it will be another risk in the guess the budget for Iraq in 2016 because existing data indicate the difficulty of the arrival of the production ceiling to such levels." Regarding the share of the Kurdistan region Khansa said that "the region is able to deliver 350 000 barrels per day compared to the region's share in the payment of various expenses sovereign." He stressed that the "2016 Muiznh need to seriously study the regulation of the financial sector management and private salaries for recent events falling oil prices and not to reduce the production ceiling." The Ministry of Finance has announced the submitted draft 2016 budget law to the Council of Ministers, on the basis of export 3.6 million barrels of oil per day at a price of $ 45 a barrel, noting that the budget revenues will amount to more than 84 Trliuna and 73 billion dinars.

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