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Oil Expert: The continuing political problems will affect th

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Oil Expert: The continuing political problems will affect th

Unread postby Stillw8n » Tue Jan 17, 2012 10:18 am

Oil Expert: The continuing political problems will affect the Iraqi economy based entirely on oil

Baghdad (news) .. Warned oil expert Halim Kazem continuing political problems in the country because they Statheraly the production and export of oil, which would do serious harm to the economy of Iraq.

Kazim said (of the Agency news) on Tuesday: The repercussions of the political crisis in the country will affect the production and export of oil in Iraq During the withdrawal of international companies working on oil production that leads to the stoppage.

He pointed to: that some oil companies operating in Iraq, hinted that it would withdraw if Astmraraltazm politics in the country.

He said: If you stop oil production from some fields of Iraq would lead to economic disaster in the country the fact that the Iraqi economy is supported completely by (90%) on oil exports and Baaradath annual, noting that the global investment firms do not operate in an unstable environment security for fear of the funds from loss.

He called for: to move towards a radical solutions to political problems in order not to reflect negative on the Iraqi economy.

The Iraqi arena is witnessing a package of political conflicts and the provinces of parliamentary criticism that Vice President Tariq al-Hashemi terrorism, dismissing Deputy Prime Minister Saleh al-Mutlaq after the recipe for the owners as a “dictator”, which made ​​some of the international oil companies operating in Iraq expressed concern that working on it.

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