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Vice: South Oil wasted more than 4.6 billion dollars during licensing rounds DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Vice: South Oil wasted more than 4.6 billion dollars during licensing rounds

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Post by RamblerNash on Mon May 20, 2019 11:10 pm

Vice: South Oil wasted more than 4.6 billion dollars during licensing rounds

Vice: South Oil wasted more than 4.6 billion dollars during licensing rounds Image

20-05-2019 04:37 PM

Baghdad / News: The
Committee on oil and gas parliamentary Zahra al-Bajari, on Monday, a large waste of public money in the Basra Oil Company.

"There is a waste of public money worth more than 4.6 billion dollars in the Basra oil company in Majnoon oil field," a joint press conference with MP Uday Awad said.

She added that "we have documents proving that the charge of the Director General of the Basra Oil Company and the current, caused the waste of more than 4.6 billion dollars to ignore the damage caused by Shell in the field of Majnoon oil, which appeared in the letter of the Ministry of Taft Department of Contracts and Petroleum Licenses for the year 2013 Of the Minister of Oil and the sender to the Shell to stop production of the Majnoon oil field for more than the period prescribed in the approved production plan, which affected the revenues of Iraq and deprive him of 4.6 billion dollars.

"The Ministry of Oil has been approached to indicate the measures taken, but did not take the Basrah Oil Company to take measures to deduct the amount from Shell, which withdrew from the operation of Majnoon oil field in the middle of flag 2018," referring to "refer the subject to the competent judicial authorities to investigate this great waste" .

http://www.ikhnews.com/index.php?page=article&id=191840
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