Oil Minister accused of "mafias" to intervene in all sectors of obstructing their work. "

02/07/2016

Accused Oil Minister Adel Abdul Mahdi, on Saturday, networks and "mafias" to intervene in all the pieces in Iraq, including the oil sector, and as pointed out that these networks are taking advantage of the internal oil distribution method, confirmed that it was "hindering any decision is inconsistent with its interests."
Mahdi said in a speech during a seminar hosted by the progress of policy development titled Institute (rebuild the national oil company and patterns of oil production), with the participation of a number of economists and oil in Baghdad and attended (range Press), said that "there are internal networks can liken her to approximate Almafueh regimes in all the pieces of the intervention in Iraq, including the oil sector, "noting that" this system moves even though there were procedures or steps for the benefit of the people in order to defend its own interests and Itagty General slogans different. "
Abdul-Mahdi said that "this system has become a clash with groups of beneficiaries who have become Aashhun on a particular thing," stressing that "no doubt that we have today in the marketing process and the internal oil distribution networks are the main beneficiaries of how to handle this."
The Minister of Oil that "attempt Tgierhzh way and change support policies there will be a reaction from these networks, even though we aim to give more support to the poorer classes and download others these costs," pointing out that "when we raised the price of gas cylinder thousand dinars per month shouldered by the family, which the equivalent of first-hand phone call protested the decision are the masses (a coalition of citizen) this simple example demonstrates the difficulty of reforms with administrative sectors and these mafias. "
It is said that Iraqi Oil Minister Adel Abdul Mahdi said on Saturday (January 30, 2016), the production of three million and 700 thousand barrels of oil per day with the exception of the northern fields, until the 24th of the month of January current, as he emphasized that exports amounted to three million and 324 thousand bpd from the southern fields, expressed the ministry's readiness to cooperate with any resolution calling for a reduction of production.
The Iraqi Oil Minister Adel Abdul Mahdi predicted Tuesday the (26 January 2016), high world oil prices to $ 50 per barrel in the second half of the year 2016, as warned of a "coup in the world's oil and rising violent and sudden market" if big drop in crude prices continued to stop investing in many regions of the world.
It is noteworthy that the global oil prices, recorded a continuous decline since the second half of the year 2014, until it reached $ 28 per barrel, but returned to rise slightly as reported, on Tuesday, the (RIA 262,016), to $ 30.78 a barrel.
It is noteworthy that Iraq complain of weak financial revenues due to declining oil prices and increased expenses, which the military side came on her head, which made the government resort to austerity as one of the solutions adopted to meet the country's economic situation started.

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