oil imports will reach 250 billion dollars annually over the
Posted: Mon Oct 10, 2011 8:51 amoil imports will reach 250 billion dollars annually over the next five years
likely economic researcher Hussein star, increase the size of Iraq’s oil production in the coming years to (6) million barrels and imports will reach 250 billion dollars a year, calling for the use of these funds to investment projects and service to the country.
A star in a statement to the Agency (news) on Monday: Iraq will develop its oil production from (3) millions of barrels to (6) millions of barrels during the next five years, contrary to what established by the plan, the oil that up to (12) million barrels up to a year (2017), He pointed out that staggering figure is difficult to access it within five years.
The Star: will own Iraq cluster of large cash through imports annual result of the increased production of oil, which amounts to (250) billion in the year, stressing that a large number and will move the market for Iraq’s progress and prosperity.
He stressed a star on the need to use these funds to investment projects, service and sustainable development of other economic sectors, especially infrastructure sector, pointing out that the changes that occur on global oil prices that it does not affect the Iraqi economy, the fact that the production of high oil and investor of the economy through liquidity cash.
The economic researcher about the rest of Iraq, although there is a slowdown of production in some oil fields of infrastructure as a result of incomplete or have plans to require sophisticated software in order to sustain these fields.
http://bit.ly/ru5fBl
likely economic researcher Hussein star, increase the size of Iraq’s oil production in the coming years to (6) million barrels and imports will reach 250 billion dollars a year, calling for the use of these funds to investment projects and service to the country.
A star in a statement to the Agency (news) on Monday: Iraq will develop its oil production from (3) millions of barrels to (6) millions of barrels during the next five years, contrary to what established by the plan, the oil that up to (12) million barrels up to a year (2017), He pointed out that staggering figure is difficult to access it within five years.
The Star: will own Iraq cluster of large cash through imports annual result of the increased production of oil, which amounts to (250) billion in the year, stressing that a large number and will move the market for Iraq’s progress and prosperity.
He stressed a star on the need to use these funds to investment projects, service and sustainable development of other economic sectors, especially infrastructure sector, pointing out that the changes that occur on global oil prices that it does not affect the Iraqi economy, the fact that the production of high oil and investor of the economy through liquidity cash.
The economic researcher about the rest of Iraq, although there is a slowdown of production in some oil fields of infrastructure as a result of incomplete or have plans to require sophisticated software in order to sustain these fields.
http://bit.ly/ru5fBl