Dinar Reporter (IQDUSD)

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Political one: Inspector General: to increase the prices of oil derivatives





Exceeded exports exceeded 1.8 million barrels per day

Baghdad morning

rate of exports of Iraqi crude oil of about one million, nine hundred thousand barrels a day from the southern and northern outlets, with the Ministry of Oil confirmed that the next few days will witness a further round of dialogue between the ministry and the Ministry of wealth in the territory



Iraqi Kurdistan to overcome the special problems of oil contracts, in the meantime announced that the ministry about the absence of any increase in the prices of derivatives this year. He said the Inspector General of the Ministry of Oil Abdul Karim Laibi for "Sabah" that the rate of export of Iraqi crude oil amounted to about one million nine hundred thousand barrels a day since the rate of exports from the southern port million, four hundred thousand and one and sixty barrels per day and the rate of exports from the port at the northern Turkish port of Ceyhan three hundred And eighty thousand barrels a day. He added that the high prices Alnfot world will increase the volume of Iraqi imports of hard currency, noting that oil production in Iraq was about pan-two million and four hundred thousand barrels a day and it is hoped to increase production volume this year after conducting the development of the fields. He pointed out that coffee for the next few days will witness new rounds of dialogue between the Ministry of Oil and Ministry of wealth in the Kurdistan region of Iraq to overcome the obstacles facing the parties in the case of oil contracts entered into by the Government of the Territory with global oil companies, noting that this will solve the issue according to the constitution, especially that the government has adopted Resolving this issue through dialogue and transparent so as to ensure the unity and the interests of Iraqis. . In a related, ruled out the Inspector General to require any increase in the prices of oil derivatives this year despite the substantial support provided by the government to import products as the price per litre of petrol imported about 1000 dinars and 450 dinars b sold per litre. He pointed out that this difference in prices led to the reluctance of private sector investment from the distribution despite passing a new law allowing the import of derivatives to investors by building plants belonging to mobilize them. He explained that the ministry had directed for the privatization of the distribution sector as the world's developed countries but this can not be achieved unless the current phase is the rehabilitation of the infrastructure of the oil sector form that suits the development of this sector, like other oil countries.

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