12 ordspråk av Shamkhi Faraj

Shamkhi Faraj

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The investment law could take some time and we are not prepared to wait for that long. I think (negotiations) can happen very fast. I am confident that we can do our own legislation within the contract itself to assure the investors that if any new regulation comes through it will not affect them.

So far this month we achieved 1.58 for the average of the first 18 days, and hope we can be for the rest of month we'll be close to 1.5-1.6. For the second half, we hope to do 1.6, maybe a little bit higher towards the end of the year.

The new minister will have a lot to do; the sector needs somebody to get it out of a bad situation.

The prevailing idea among member countries is to maintain the official production ceiling of the organization.

The organization is now producing 2 million barrels a day over its official production ceiling of 28 million b/d.

We don't have much money available for imports.

The country is destroyed now. These politicians are working to make personal gains.

I think an OPEC price ceiling of $40-$50 a barrel is favorable for the organization's members.

OPEC's scheduled meeting in June is too far and it needs to meet again either at the end of April or beginning of May.

I think an OPEC price ceiling of US$40-US$50 a barrel is favorable for the organization's members.

The investment law could take some time and we are not prepared to wait for that long.

I think we could talk more on the procedures and possibilities and when they are ready to come in. We are ready to make all the things required for making investment...but they are hesitant because of the security situation.

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Om samlingen
Ordspråkshjältar
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