Financial and oil are discussing the 2016 budget support and entitlements of foreign
Financial and oil are discussing the 2016 budget support and entitlements of foreign oil companies
12/10/2015 0 Comments
We discussed the ministries of finance and oil, support the budget of 2016 and the dues of foreign oil companies operating in Iraq. The Finance Ministry said in a press release: "The ministers of finance, oil, Hoshyar Zebari, and Adel Abdul Mahdi, chaired the meeting attended by agents and managers of the relevant departments in both ministries, was discussed means and common mechanisms of action that would contribute to overcoming the bureaucratic obstacles, and in particular to accelerate work and simplify the computational limitations and settlement procedures, to ensure the smooth flow of joint cooperation on the one hand, and to provide support to the Federal budget for Iraq in 2016 on the other hand. " She said: "dues were discussed foreign oil companies operating in Iraq and activities in the field to increase production and reduce gas flaring, which would contribute in maximizing resources." It was agreed to hold such meetings on a regular basis between the two ministries.