Is "destroyed" licensing rounds economy and the fact that the cost of extracting a barrel?

01/24/2016 13:02

BAGHDAD / Obelisk: Download in the oil and energy parliamentary member, Sunday, former Deputy Prime Minister for Energy Hussain al-Shahristani, "the responsibility of the destruction of the Iraqi economy."

The MP said Mazen Mezni in a statement followed the "obelisk", "The former oil minister Hussain al-Shahristani says that the cost of extracting a barrel of oil (2) dollars, and this talk is not accurate, as the cost of a barrel (11) dollars and some fields cost $ 22 ".

Mezni explained that "the word of the prime minister Haider al-Abadi on what remains of Iraq is 13 dollars for every barrel of oil is true and real, and all because of licensing rounds," he said, adding that al-Shahristani "not held accountable in front of the Iraqi government and the judiciary."

Mezni and pointed out that "former oil minister has caused the destruction of the Iraqi economy, and would be difficult to account before God what to do in Iraq and its oil."

It is said that al-Shahristani served as minister of oil for the period from year 2006 to 2010, also served as Deputy Prime Minister for Energy Affairs from 2010 to 2014, and currently serves as Minister of Higher Education and Scientific Research.

And the al-Shahristani said in January that 92 016 licenses rounds of oil "saved" Iraq, and as pointed out were it not for those rounds have been able to secure a quarter of Iraq salaries, he stressed that ending the gas associated with oil combustion process that requires great efforts.

Shahristani said during his interview with the program "special dialogue" which aired "Alsumaria TV", "The oil licensing rounds are rescued Iraq and managed to desired during the past years of financial securing funding," noting that "Iraq's production is currently close to four million barrels per day, but not licensing rounds to overtake Iraq producing one million barrels ", and denied Oil Minister Adel Abdul Mahdi, on 13 December 2015 news circulating that the cost of licensing rounds contracts exceed its revenues, pointing out that what came to Iraq from those contracts exceeded $ 340 billion, as he emphasized that Oil production in Iraq surpassed the four million barrels of oil.