Parliamentary committee is demanding the Oil Ministry statement on the reasons for postponement of the fourth round of licenses
24/02/2012 11:43

Baghdad, February 24 (Rn) - The Commission on oil and energy parliamentary Friday it sent a letter to the Federal Oil Ministry inquiring about the reasons that led her to postpone the start of oil licensing round the fourth to be announced in March next. and declared the Iraqi Oil Ministry on the fourth of this month for postponement of the fourth round for the award of energy contracts to 11 and 12 April next, instead of the seventh and the eighth of March / March and offered to the Iraqi Oil Ministry, on 11 September last decades, initial Balriqa expedition's 12 locations oil and a gas in Iraq, 46 foreign companies will participate in licensing round four. He said the Commission's decision Qassem Mohammad, told the Kurdish news agency (Rn) that "the Commission on oil and energy addressed the Oil Ministry official statement of the reasons that pushed it to the announcement to postpone oil licensing round IV," noting that "no response did not reach to the Committee by the ministry." He also explained a member of the Kurdistan Alliance that "his committee monitors Kthbt the work of the Oil Ministry and the Commission in the process of hosting and Oil Minister Abdul Karim and coffee to discuss the situation of the ministry." He said, "deal and the current oil minister with a parliamentary committee the best deal of the parliamentary session earlier," noting that "the oil minister, provided the Committee with copies of the oil licensing rounds concluded by the ministry earlier." and Iraq had signed contracts with international companies to develop 11 oil fields discovered in the three rounds of the licenses would raise the country's production of crude oil to 12 million barrels per day by 2017 of around 2.8 million per day currently. and exports of crude oil of Iraq to 2.145 million barrels per day in December last December from 2.135 million barrels per day in November. Iraq seeks to export 2.6 million barrels a day this year, according to the plan included in the budget of the country financial dependent on oil imports by 95 per cent. and Iraq is a member of the Organization of Petroleum Exporting Countries and has the fourth-largest oil reserves in the world, and entered into agreements with international energy companies to raise production to 12 million barrels per day by 2017. From: Haider Ibrahim. Open: Murtaza Yousuf