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Kurdish minister: agreement with Baghdad to ensure restructuring of Sumo and the reimbursement will be determined within the budget law
Baghdad - Said Kurdish minister, that the agreement between the federal government and the Kurdistan region will be included in the budget of 2015, and it will go into effect if the vote on the budget, which is subject to revision for the third time in the Council of Ministers, noting that the committees of art will be discussed several issues including the restructuring SOMO to include in board of directors, representatives of the producing provinces. The minister pointed out that the debt of the international oil companies operating in the region will settle through the budget bill. The head of the Kurdistan Regional Government Nechirvan Barzani, confirmed that my province and the center reached an agreement "in the interest of Iraq and the region," said Baghdad's approval to grant trillion and 200 billion dinars for the Peshmerga forces and the allocation of a percentage of the budget of the Ministry of Defense to her, and as pointed out that the agreement "is not final ", he hoped to reach a radical solution to the problem of the region employees' salaries during the month of January next. He says the Minister of State Saman Abdullah, in an interview with the "long", that "the contents of the agreement signed between the Governments of the Federal and Kurdistan provides export the region's oil transnational SOMO and by 250 000 barrels per day compared to that Baghdad is committed to pay the dues of the
Peshmerga forces provided that they are part of the Federal system with a ratio of 17% in the next year's budget.
Abdullah said, "This agreement provides for the export of the Kirkuk oil fields and the amount of 300 000 barrels through the new pipeline, which was built by the province and passing through the territory of Kurdistan," as the old Iraqi pipeline has become in the grip of Daash within the borders of Nineveh. He noted that "the federal government under this new agreement will be constitutional and legal obligations to the direction of the Kurdistan region.
And on the structure of Sumo oil company, Kurdish minister that shows "the agreement recommended the establishment of mini-committees of the two parties take it upon themselves to implement the terms of this Agreement as well as the restructuring of SOMO," a demand advocated by Basra also for the application of a constitutional clause imposes partnership between Baghdad and the provinces produced in the extraction of oil and marketing.
He predicted that "the export of oil through the start of Kirkuk Kurdistan pipeline to Turkey through two or three months.
And confirms the Kurdish minister that "the budget year 2014 will be in the form of closing statements of the Iraqi state, including the Kurdistan region restrict their income and expenses," adding that "the final data will be sent to the House of Representatives for approval in the House of Representatives and through this data will be the region accounts filter on reality Account (amounts staff salaries and expenditures and revenues).
And on the dues of oil companies operating in the Kurdistan region, Saman Abdullah says that "the debt of international oil companies operating in the region will settle through the draft general budget, which was revised for the third time law adds a clause that includes the subject and the mechanism of payment and repayment."
Abdullah is expected that "the agreement enters into force in the case of the House vote on the Federal General Budget for the year 2015 because the terms of this agreement will ensure that in the budget bill," noting that "the negotiations were focused on passing the draft budget.
Kurdish minister and draws out that "currently in the process of budget preparation by the competent authorities to address the significant deficit ratio of the project and include the recent agreement terms," stressing that "the next budget will see reduced expenditure with a visit to the oil-exporting".
Saman Abdullah says that "the first step of the agreement provides for the data to pass the final budget for the year 2014, and next year's budget," explaining that "customs, airports file and Article 140 will be discussed in future negotiations.
For his part, confirms Hama Rashid Ahmed, Rapporteur of the Parliamentary Finance Committee, said that "the agreement required the federal government to pay accrued ancestor of the Peshmerga to be legislation of the National Guard Law.
He said Rashid, "long", that "the export of 550 thousand barrels of Kurdistan and Kirkuk oilfields will reduce the deficit, which hit 47 trillion dinars gap," explaining that "the amount of oil that will be issued by the federal government amounting to 3.3 million barrels per day.
He spoke Kurdish MP from "the existence of an additional proposal to export oil through Iranian pipelines and then to the Persian Gulf and Turkey.
And on oil revenue source, Ahmed Rashid, that "confirms the SOMO oil money will be deposited in the fund dfi and then are converted proportion of the Kurdistan region directly through its banks own.
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Baghdad - Said Kurdish minister, that the agreement between the federal government and the Kurdistan region will be included in the budget of 2015, and it will go into effect if the vote on the budget, which is subject to revision for the third time in the Council of Ministers, noting that the committees of art will be discussed several issues including the restructuring SOMO to include in board of directors, representatives of the producing provinces. The minister pointed out that the debt of the international oil companies operating in the region will settle through the budget bill. The head of the Kurdistan Regional Government Nechirvan Barzani, confirmed that my province and the center reached an agreement "in the interest of Iraq and the region," said Baghdad's approval to grant trillion and 200 billion dinars for the Peshmerga forces and the allocation of a percentage of the budget of the Ministry of Defense to her, and as pointed out that the agreement "is not final ", he hoped to reach a radical solution to the problem of the region employees' salaries during the month of January next. He says the Minister of State Saman Abdullah, in an interview with the "long", that "the contents of the agreement signed between the Governments of the Federal and Kurdistan provides export the region's oil transnational SOMO and by 250 000 barrels per day compared to that Baghdad is committed to pay the dues of the
Peshmerga forces provided that they are part of the Federal system with a ratio of 17% in the next year's budget.
Abdullah said, "This agreement provides for the export of the Kirkuk oil fields and the amount of 300 000 barrels through the new pipeline, which was built by the province and passing through the territory of Kurdistan," as the old Iraqi pipeline has become in the grip of Daash within the borders of Nineveh. He noted that "the federal government under this new agreement will be constitutional and legal obligations to the direction of the Kurdistan region.
And on the structure of Sumo oil company, Kurdish minister that shows "the agreement recommended the establishment of mini-committees of the two parties take it upon themselves to implement the terms of this Agreement as well as the restructuring of SOMO," a demand advocated by Basra also for the application of a constitutional clause imposes partnership between Baghdad and the provinces produced in the extraction of oil and marketing.
He predicted that "the export of oil through the start of Kirkuk Kurdistan pipeline to Turkey through two or three months.
And confirms the Kurdish minister that "the budget year 2014 will be in the form of closing statements of the Iraqi state, including the Kurdistan region restrict their income and expenses," adding that "the final data will be sent to the House of Representatives for approval in the House of Representatives and through this data will be the region accounts filter on reality Account (amounts staff salaries and expenditures and revenues).
And on the dues of oil companies operating in the Kurdistan region, Saman Abdullah says that "the debt of international oil companies operating in the region will settle through the draft general budget, which was revised for the third time law adds a clause that includes the subject and the mechanism of payment and repayment."
Abdullah is expected that "the agreement enters into force in the case of the House vote on the Federal General Budget for the year 2015 because the terms of this agreement will ensure that in the budget bill," noting that "the negotiations were focused on passing the draft budget.
Kurdish minister and draws out that "currently in the process of budget preparation by the competent authorities to address the significant deficit ratio of the project and include the recent agreement terms," stressing that "the next budget will see reduced expenditure with a visit to the oil-exporting".
Saman Abdullah says that "the first step of the agreement provides for the data to pass the final budget for the year 2014, and next year's budget," explaining that "customs, airports file and Article 140 will be discussed in future negotiations.
For his part, confirms Hama Rashid Ahmed, Rapporteur of the Parliamentary Finance Committee, said that "the agreement required the federal government to pay accrued ancestor of the Peshmerga to be legislation of the National Guard Law.
He said Rashid, "long", that "the export of 550 thousand barrels of Kurdistan and Kirkuk oilfields will reduce the deficit, which hit 47 trillion dinars gap," explaining that "the amount of oil that will be issued by the federal government amounting to 3.3 million barrels per day.
He spoke Kurdish MP from "the existence of an additional proposal to export oil through Iranian pipelines and then to the Persian Gulf and Turkey.
And on oil revenue source, Ahmed Rashid, that "confirms the SOMO oil money will be deposited in the fund dfi and then are converted proportion of the Kurdistan region directly through its banks own.
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