Friday, September 3, 2010

Iraq stresses security around the oil fields in the south ...

Friday September 3, 2010

Iraq stresses security around the oil fields in the south

Basra (Iraq) - A security official stressed that Iraq security measures on the infrastructure of the oil industry and oil fields in the south in the wake of intelligence reports that al-Qaeda and other insurgent groups planning to attack oil installations.

Ali al-Maliki, head of the municipal security in the city of Basra, said the information indicates that al-Qaida in Iraq and the Baath Party banned Iholan eye on the economic targets and oil companies.

Maliki told Reporters in an interview, "We have received intelligence about a plan to target the oil installations, including oil fields by al Qaeda and Baathist insurgent groups."

The risk of emerging threats to the infrastructure of the oil industry a challenge to the Iraqi security forces in the wake of the formal end of hostilities for U.S. forces in August and decline in the number of troops to 50 thousand.

And the remaining U.S. forces will pull a full withdrawal by the end of 2011 under a bilateral security agreement.

Iraq hopes its vast oil resources to achieve stability and prosperity in the future with the exit of the worst sectarian violence that erupted after the U.S. invasion in 2003 but still faces a Sunni insurgency.

And transactions made with leading international oil companies if successfully implemented could lead to increased production capacity of Iraq to four times to reach the levels of Saudi Arabia, or 12 million barrels per day during the six years or seven to enable the authorities to rebuild the country after decades of war, sanctions and neglect.

However, attacks on international oil companies and one of the many dangers that threaten the plan.

Tensions have been high since the inconclusive elections that took place before six months, as politicians are still Shiites, Sunnis and Kurds are arguing over cabinet positions and power in the next government and it seems that rebel attacks on security forces in the rise.

And Basra, which lies in the Shiite south Iraq, a strategic importance as a center of oil exports, which brings in more than 95 percent of government revenue.

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