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Although the deal with the process of establishing a company Baghdad..Erbal "Kurdistan" for the management of oil wealth
Erbil - Iraq Press - November 14: Iraq's Kurdistan Regional Government announced its intention to establish a Kurdish company for exploration and production of oil.
A statement by the Kurdistan Regional Government posted on the official website Thursday, seen by / Iraq Press / that "the listed company will draw the plans and preparation of policies and administrative, financial and technical, organization, procedures and managed in line with the oil policy for the region," noting that "the Minister of the Territory Council approved a draft the founding of the Company's Act, and referred it to the parliament for ratification. "
The statement pointed out that "the company will oversee all areas of the oil and gas sector, including the signing of the exploration, extraction and development of oil and investment, export and marketing contracts, and the extraction and production of oil and gas in the region, Iraq and abroad."
And the oil problem with Baghdad, the statement said that "the Prime Minister of the Territory Barzani, stressed the government's refusal of the Iraqi oil marketing company controller (SOMO) oil from the region, but it is ready at the same time for cooperation and coordination and to demonstrate transparency with SOMO for the entire extraction and sale of oil process," adding, "We will not close the doors of dialogue and negotiation, and we are continuing on the line in Iraq with the United Nations and the United States of America."
He announced on Thursday for the oil minister in the federal government, Adel Abdul Mahdi, an agreement with officials in Kurdistan on resolving differences between the province and the center on the export of oil.
The agreement includes a payment of $ 500 million center to Arbil against the recent delivery of 150 thousand barrels per day to the central government. Q ended. P.
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Erbil - Iraq Press - November 14: Iraq's Kurdistan Regional Government announced its intention to establish a Kurdish company for exploration and production of oil.
A statement by the Kurdistan Regional Government posted on the official website Thursday, seen by / Iraq Press / that "the listed company will draw the plans and preparation of policies and administrative, financial and technical, organization, procedures and managed in line with the oil policy for the region," noting that "the Minister of the Territory Council approved a draft the founding of the Company's Act, and referred it to the parliament for ratification. "
The statement pointed out that "the company will oversee all areas of the oil and gas sector, including the signing of the exploration, extraction and development of oil and investment, export and marketing contracts, and the extraction and production of oil and gas in the region, Iraq and abroad."
And the oil problem with Baghdad, the statement said that "the Prime Minister of the Territory Barzani, stressed the government's refusal of the Iraqi oil marketing company controller (SOMO) oil from the region, but it is ready at the same time for cooperation and coordination and to demonstrate transparency with SOMO for the entire extraction and sale of oil process," adding, "We will not close the doors of dialogue and negotiation, and we are continuing on the line in Iraq with the United Nations and the United States of America."
He announced on Thursday for the oil minister in the federal government, Adel Abdul Mahdi, an agreement with officials in Kurdistan on resolving differences between the province and the center on the export of oil.
The agreement includes a payment of $ 500 million center to Arbil against the recent delivery of 150 thousand barrels per day to the central government. Q ended. P.
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