Iraq: Efforts to resolve the issue of joint oil fields with neighboring countries, Kuwait & Iran

Posted by on Oct 26, 2013 | Leave a Comment

19/06/2013 12:00 AM

Iraq seeks to solve the dilemmas facing file joint oil fields with neighboring countries. urged the Oil and Energy Committee in the House of Representatives on the need to speed up in finding logical solutions on this file, especially with Iran and Kuwait.

lies shapes in the desire of Iraq’s efforts that there would be exaggerated compensation for crude oil extracted from these fields, by those countries, and retroactively, while those countries still refuses to do so. Committee member Rep.

Susan Saad said for “Center Brief for the Iraqi Media Network”: that there is a committee working in Oil Ministry to resolve the dilemma between those countries and Iraq, pointing to the presence of large quantities of crude oil is for Iraq originally went to the neighboring countries.

showed that the Technical Committee at the Oil Ministry is working to resolve this dilemma by calculating quantity of exported crude oil, in addition to conducting seismic survey the sizes of these fields, in order to know the percentages and quantities of oil on Iraq and hand on the hand of those States, telltale that the exported quantities of these fields globally documented and accounted for on the length of time with the current oil price per barrel.

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