November 10, 2011UN report: Iraq on his way to become a new superpower of oil
He said the report was prepared by the specialized agencies of the United Nations: "Iraq in a way that it becomes new oil superpower".
This report has been prepared which got a copy of each agency Iraq [where] joint information and analysis unit (IAU) and the United Nations Development Programme (UNDP) which discusses the oil and gas sector in Iraq.
The report stated that Iraq's proven oil reserves of up to 143 billion barrels in addition to the possible existence of 200 billion barrels, puts Iraq on a small group of States that have high potential for oil production and to influence the world oil markets.
The report said, "will remain the possibility of growth and prosperity and job creation in other non-oil sectors are limited to be genuine efforts to diversify the economy and the transfer of the proceeds of oil exports to the private sector."
The report noted that the enormous gas reserves, Iraq and untapped as currently required to be harnessed to support electricity production.
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The report stated that the petroleum sector dominates the Iraqi economy contributes 60% of GDP as of 99% of exports and more than 90% of government revenue. And higher rates of oil production and exports have increased control over the economy, thus increased government revenues.
The report noted that Iraq has 143 billion barrels of proven oil reserves were also identified 200 billion barrels, the other can be extracted. At current oil development plans, will head the Iraq oil forces capable of great influence on the global markets, noting that two thirds of the oil and gas reserves located in the South and one third in the North.
Statistical report stated that Iraq produce 2.6 million barrels of crude a day and exports 2 million barrels per day refining 400,000 barrels locally and using 70,000 barrels of oil as fuel to generate electricity as Iraq imports 200-150,000 barrels per day of refined fuel used in electricity generation and road transport.
The report predicted that oil production rises to approximately 4 to 5 million barrels per day by 2016-2017. If oil production as such, the proven oil reserves will be sufficient for 70-90 years.
Price hand altkriraza said the oil price remained 100 dollars the Government revenues for the year 2011, which is roughly 75-80 billion dollars will be doubled to about 150-160 billion dollars by 2016
On Iraq, the report said the gas in reserve, rate up nearly 3,100 trusted gas equivalent to about 15 billion standard cubic metres of oil barrels, but still this gas reserve not used properly.
The report noted the impact of increased production of altft and gas living individual Iraqi said 23 percent of Iraqis living under the poverty line, where the individual stipend 2.2 dollars per day, so there is a need for more job opportunities for poverty alleviation and the enormous proceeds are converted from the Government of Iraq oil exports accounting for 90% of government revenue, the Government does not therefore depend heavily on revenues from taxes reducing to citizens.
The report considers that oil refining expansion would create new jobs, said oil could not be aatbaraaedat as just plain reference was, achieved through the exploitation of natural resources enforceable part of which must be preserved for future generations,
In part of the report that you can customize the share of income distribution directly to the population, it was possible to control this System Manager properly it would be possible to control other negatives as inflation.
The report said the Government could provide higher wages and salaries of the private sector, which makes the desire to work in the private sector were lower than those in the public sector. And increase family income, which is one of its members in the public sector by 14% from the family that do not qualify for any of its personnel in the public sector.
Report on the gas and electricity production for the best option because it is cheaper than other it environment friendly, plus it can export of gas in the future.
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