Oil Smuggling Threatens Iraq's Economy
Al-Bayan is issued four times weekly by the Islamic Da'wa Party, chaired by prime minister Ibrahim al-Ja'fari.
Oil Smuggling Threatens Iraq's Economy
Al-Bayan is issued four times weekly by the Islamic Da'wa Party, chaired by prime minister Ibrahim al-Ja'fari.
The oil ministry's inspector-general issued a report on oil smuggling Tuesday, noting that smuggling represents a massive threat to the country's economy. He said all possible measures need to be taken to control the smugglers. The report said the government lost billions of dollars in large part due to smuggling and that smuggling poses the biggest threat to the oil-dependent economy. The report came as acts of sabotage stopped fuel production in the northern (Beiji) plant.
