Economic Researcher: Iraq Will Take Control of Future Oil Prices
|May 19, 2012||Filled under Iraq Daily News|
Baghdad (newsletter) … Economic researcher predicted mutations star’s quality in oil and energy in Iraq for his large oil reserves, noting that Iraq will take control of oil prices in the future.
He said Star (News News Agency): there is a strong desire by oil-consuming countries, to buy Iraqi oil, with its advantages of high quality oil in Basra in particular established which began producing oil light type, in addition to processing operations more accessible to global markets.
And: this features made the Ministry of oil good and important successes achieved in terms of the development of oil production and expanding ports and transport routes with passes, which neighbours would make Iraq an influential player in the global oil market.
He added: the Iraq today possesses substantial oil reserves, and its production and export began to grow on a daily basis according to the plan of the Ministry of oil, indicating that a future on the Iraq surge energy quality and oil in the coming years, and makes the world awaited Iraqi production market, oil prices, Iraq will take control through pumping large quantities or minimize the.
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