Shahristani: 30 billion barrels of extra ammunition in Iraq's oil

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Maliki said that «not pass» decades of Kurdistan and we will pay only the cost

Shahristani: 30 billion barrels of extra ammunition in Iraq's oil

Deputy Prime Minister for Energy, said in an interview with the "world" that Baghdad is preparing soon to announce the discovery of 30 billion barrels of extra oil in proven reserves, saying that the total reserves may actually cross the barrier of the 170 billion barrels.

Also, Dr. Hussain al-Shahristani said Baghdad did not pass Irbil contracts for the production of oil in partnership with foreign companies, because Iraq has not seen it yet, and that Baghdad would pay only the cost of oil extraction, denying any reports to the contrary.

Shahristani said in an extensive dialogue will be published in the magazine "the world" to be released mid-month, said that Iraqi production is "the largest of Iraq's capacity to export, then we sometimes produce the well to close our inability to export the product." He added: "We have signed contracts to build new ports in the Gulf, we're floating from the end of this year" to export larger quantities.

In the dialogue, which will be published in full in the magazine of the "Group of the world to publication and distribution," said al-Shahristani said the additional expected increase in reserves of Iraq would be "up to 30 billion barrels. Any increase total proven reserves of 170 billion barrels." He added: "We will declare at a time for Ctattiyat discovered after verification of its figures," accurately. It is noteworthy that this increase does not include "explored new fields. But reserves the fields explored by more than 20 years, and now we are ascertaining the reserves and tally."

Shahristani said that there are foreign consulting firms to cooperate with Iraq in the figures confirmed oil reserves.

Shahristani says, "When we announced last year to increase Iraq's reserves of 115 billion barrels to 143 billion barrels, we have the content of each field number and Thbtnah, did not talk about the total figure is detailed. In the next term we will be announcing significant increases to the reserve, and for this we are talking about reserve installed "and is not expected.

And on the controversy and news of conflicting witnessed by the last month around Baghdad's approval of contracts for oil of Kurdistan, said Deputy Prime Minister said, "The fact is that oil which is extracted in the province of Kurdistan should be handed over to Iraq, we agreed with the brothers in the region to offer the actual expenses which are incurred for the production of this oil, drilling of wells and surface equipment, stations and the banks of the isolate ... etc, the lists to the oil ministry in Baghdad to be checked, and the Ministry of Finance to pay wages because they belong to Iraq. "

This means that Baghdad is willing to pay the costs of extraction, although it "is not interested in contracts for foreign companies operating in the region, because we are not a party we have not seen it." Shahristani said he had to this moment did not send the province of those contracts, and "Once they told us that the contract is posted on the Internet, you just go and noticed him."

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