Iraq burns $ 5 million a day

Posted 07/07/2012 08:36 AM

Babinaoz (Reuters) – beyond what is produced from associated gas from oil fields in southern Iraq billion cubic meters of which a third is investing a record amount. The loss of the country by the combustion of the gas of five million dollars a day.

He said the commercial director of Royal Dutch Shell Ali al-Janabi, what results from the three southern oil fields, including Rumaila and West Abu Zubair and the first phase, of about one billion and 100 million standard cubic meters. Aban al-Janabi and that it invests only 400 million standard cubic meters while burning 700 million meters without making use of it.

Iraqi secret negotiations – U.S. to settle the issue of the $17 billion

Posted 03/01/2012 09:03 AM

BAGHDAD – Babinaoz (Reuters) – A senior source revealed that there has been a secret negotiation taking place between the Commission staff and the U.S. Defense Department and Iraqi officials to end the file of the receivables of Iraq and the amount of $ 17 billion, which proved to be not fully spent in the period that took the Pentagon File Manager Development Fund for Iraq’s reconstruction projects.

According to «the future of Iraq», the possession And complete documentation on the case file mentioned and which reached the corridors of the UN Security Council turned it into a form that the Shura Council of the Iraqi and American and international accounting experts to audit the topic proved by documents that the U.S. embezzlement of more than 9 billion dollars.