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Tipped the Oil Ministry to export natural gas to Turkey by 2018, while economists renewed their calls for an investment of natural resources to constitute an important financial resource for the Iraqi economy.
A spokesman for the Oil Ministry, Assem Jihad told the "term" that "Iraq will not be able to export natural gas to Turkey at the moment for lack we have so adequate to cover local need quantity," likely "the export of Iraqi gas to Turkey in 2018, and in case The completion of projects according to plans by the ministry. "
Jihad said that "Iraq has begun work on the development of natural gas fields through the opening of Basra field, which will increase the amount of production, as well as directed the ministry to develop and set up the ranks to extract gas in Akashat area in Anbar province, but the security situation hinders the work in many times." .
He pointed out that "The oil ministry plans to develop a natural gas field in Diyala province," adding, "In the event has projects as sought by the ministry, the year 2018 will see the export of gas to Turkey."
He pointed out that "the Turkish side made a presentation to import gas in order to close distance and ease of connecting pipes with them, "stressing that" Iraq is producing a million cubic meters of natural gas per day, a sufficient amount of domestic production only, and when they reach the Iraqi production (2) two million cubic meters per day, will be able to export. "
Jihad said that "some companies submitted bids for investment in the field of natural gas, "adding that" The oil ministry is considering offers by companies to select the best, and contracted to develop the gas fields. "
For his part, said an expert on economic affairs Maytham Laibi "long" "The gas wealth is not less important for oil, but they wasted a fortune because of Iraqi gas combustion in the air over the years. "
He added Laibi saying that "gas production does not require licensing rounds, as happens in crude oil production, and was supposed to contribute to international companies, a second step after rounds oil licensing the production of gas, but it did not happen, "stressing that" natural gas export requires great efforts, both in the fields or pipelines, as well as the need to build partnerships strategy with neighboring countries, and planning how to move through Turkey to Europe, an issue subject economic and geopolitical factors. "
He added that "the exploitation of natural resources, including gas, contributes to alleviating the pressure on one supplier, and then helps to diversify the sources of budget revenues," but he also said that "investment in the presence of a major financial crisis is very difficult."
He called Laibi the Iraqi government to "natural gas investment by entering into partnership with foreign companies."
The Turkish President Recep Tayyip Erdogan, revealed in (April 22, 2015) that his country will import natural gas from Iraq, noting that the import of gas is an important element in the development Comprehensive taking place in Turkey.
Erdogan said at a joint press conference ,, with Iraqi President Fuad Masum in Ankara, "Turkey will import natural gas from Iraq to its importance in the overall development taking place in Turkey."
Erdogan said that "trade with Iraq size of about 11 billion dollars a year ", adding that" Turkey is ready to provide full support for Iraq in various fields. "
He said the oil and energy parliamentary member Zahir Abadi (February 16, 2015) that Iraq needs to invest all minerals available from north to south, especially after the decline in the prices Oil has recently been affected by the Iraqi economy greatly.
He explained Abadi, that "Iraq imports half as much of the petroleum products like gasoline and kerosene, and it's costing the Iraqi treasury big money, and if the address this problem, the oil sector will evolve, because Iraq is exporting crude oil."
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