Ali Abdullah - 07/28/2013 - 9:42 p | Hits: 48
Said Hamza oil expert jeweler, to reduce the south's oil exports because of repair and maintenance work in the ports will lead to low Revenue Iraq.
The jeweler said in a press statement: reduction of the south's oil exports will affect imports of Iraq, but with the result that after the completion of maintenance work to be undertaken will increase the export capacity of the fields and thus Iraq will be able to compensate for that lost revenue if a certain percentage.
He added: that Iraq possesses no ports for export only the Gulf and Turkey in the event of loss of any of them can not be compensated for any loss, because the infrastructure in Iraq is incomplete at this time.
He pointed out: that in the near future will be different things to a large extent can be compensated at the time because a lot of infrastructure work in the south will be completed and thus will have a greater potential to convert part of the oil toward the north, in addition to the oil line to Jordan, which will solve the problem stops any line of Oil lines and does not affect the amount of export.
The Southern Oil Company announced a reduction of oil exports within the next two months because of maintenance and repair work in the ports.
The jeweler said in a press statement: reduction of the south's oil exports will affect imports of Iraq, but with the result that after the completion of maintenance work to be undertaken will increase the export capacity of the fields and thus Iraq will be able to compensate for that lost revenue if a certain percentage.
He added: that Iraq possesses no ports for export only the Gulf and Turkey in the event of loss of any of them can not be compensated for any loss, because the infrastructure in Iraq is incomplete at this time.
He pointed out: that in the near future will be different things to a large extent can be compensated at the time because a lot of infrastructure work in the south will be completed and thus will have a greater potential to convert part of the oil toward the north, in addition to the oil line to Jordan, which will solve the problem stops any line of Oil lines and does not affect the amount of export.
The Southern Oil Company announced a reduction of oil exports within the next two months because of maintenance and repair work in the ports.
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