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Sunday, 05/04/2008 9:37:32 AM

Sunday, May 04, 2008 9:37:32 AM

Post# of 1146
Experts recommend economy in the world maximum benefit from the opportunities conducive to the rapid developments through the benefits of such investment opportunities

If we compare the development of Iraq, which possesses the largest oil reserves in the world the Arab Gulf States that have achieved quantum leaps and progressed rapidly and dramatically in the growth of their economies, Iraq will still live in the whirlpool and a waste of time .. The time factor is calculated economically extent the ability of countries to invest golden opportunities.

The price of oil which is witnessing a marked increase, which exceeded the $ 100 achieved a lot of countries that have invested reserves correctly, and in return Iraq will lose a day many of these golden opportunities because it did not do so now the subject of investment reserves of oil.

Recommends the need to speed up oil experts directly involved in exploration and development of unexploited fields and felt the need to retain this task to international companies to avoid the risk of losses that may occur due to the success of non-oil operations.

But we have to to forget the feet of the Ministry of Oil investment opportunity but in return we Approaching the opportunity factor of time through the rehabilitation of 120 international companies in the training session lasted for days in the contracts and licenses resulting from the rehabilitation of 35 companies can compete for contracts and licences.
"It should be employing these opportunities a way to invest in rebuilding Iraq and advancing sustainable development. The development requirements call for encouraging and supporting the Iraqi private sector to competition is an important factor in the success of the Iraqi experiment and remember the experience of the global oil company Crescent and (Dana Gas) led by the Iraqi mentality in the management and implementation of projects in all states in the Middle East and the Gulf and more recently their experience in Iraqi Kurdistan for gas production and development Fields.

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