Legal trends of Iraqi oil trade | ||
| Journal of Anbar University for Law and Political Sciences | ||
| Article 3, Volume 9, Issue 1, February 2019, Pages 63-105 PDF (877.21 K) | ||
| DOI: 10.37651/aujlps.2022.171673 | ||
| Author | ||
| Batool Sarawa | ||
| Abstract | ||
| That Iraq was one of the first oil producing countries in the world and has more national experiences than the rest of the region in the field of oil industry، we see today as an importer of oil derivatives and has a deficit in these derivatives. Iraq has a large oil reserves، but Iraq continues to import oil derivatives، and has large stocks of crude oil extracted، and non-exporting، securing the needs of oil derivatives and achieving self-sufficiency has not received sufficient attention، despite rounds of licenses and oil contracts، which raised production levels significantly, but it has complicated the problem.The bitter reality that the oil trade in Iraq is witnessing is not only surpassed by the social، economic and subsistence situation، but also by the decrease in all humanitarian services such as water، electricity، oil products، medicine، hospitals and others.Oil as a commodity is not valued in its importance، meaning that oil is the most important commodity on the planet and countries that have interests in obtaining it at low prices، using the flag of this commodity reduces the price and makes it a normal commodity، and this should not be in the report of Iraq's oil trends. The right way that Iraq works on self-sufficiency of oil derivatives by working to strengthen the refineries and strengthen the infrastructure of the oil sector and the search for companies that achieve the interests of Iraq and the best way to conclude contracts with them، as well as the presence of 26 national companies form the structure of the Iraqi oil sector is able to promote this wealth Great patriotism. | ||
| Keywords | ||
| Iraq; oil; licensing rounds; oil contracts | ||
|
Statistics Article View: 83 PDF Download: 119 |
||