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Iraq on the doors of an unprecedented jump in the export of oil
BAGHDAD - dpa: Open the oil agreement reached by the Iraqi federal government and the Kurdistan Regional Government, which aims to solve the export of crude oil crisis under the supervision of the Iraqi government, the doors to the Oil Ministry to achieve an unprecedented achievement to raise the energies export crude oil to reach 3.3 million barrels a day for the first time in the history of Iraq since 1979, when the export rate of 3.244 million barrels per day.
Under the new agreement, which was reached between the two sides, the government of Kurdistan, the Iraqi government will hand over 250 000 barrels per day of production of its oil fields to be exported under the supervision of Iraqi crude oil marketing company «Sumo», as well as allowing for the export of 300 000 barrels of Kirkuk fields through pipelines to export oil pipeline through the territory of Kurdistan to the Turkish port of Ceyhan, thus ending the oil crisis and the locking mechanism resources of the public budget for next year.
He announced the Iraqi oil minister, Adel Abdul-Mahdi, that the oil ministry will raise the export potential of the southern fields and Central to 2750 barrels per day as part of the general budget for 2015.
The MP said Ibrahim Bahr al-Ulum, a member of the Oil and Energy Committee in the Iraqi parliament, said that «an important agreement because it put significant time plan for 2015 for the export of crude oil from the fields of Kurdistan card 250 000 barrels per day, and operation of the Kirkuk oilfields and oil export capacity of 300 thousand barrels per day through the pipeline export line crude oil through Kurdistan and then to the Turkish port of Ceyhan under the supervision of SOMO, and collect revenue in one basket with the federal government and distributed to all the provinces in the federal budget for 2015. »
He Bahr al-Ulum, who previously served as oil minister in the post after the overthrow of former Iraqi President Saddam Hussein in 2013 «that crude oil production is currently in Kurdistan fields between / 380-400 / thousand barrels per day and delivered 250 000 barrels of which the Federal Government for export in accordance with the 2015 budget is rewarding hope that mounts in the future. »
He said «that crude oil exports from the northern Kirkuk oilfields in accordance with the agreement will be increased by 300 000 barrels per day, and will be of any good, which currently produces more than 130 000 barrels per day, and the Kirkuk field, which produces more than 300 000 barrels per day> field»
Reports indicate the Iraqi Oil Ministry said currently crude oil approaching 3.2 million barrels per day production levels, mostly from southern and central Iraq fields except Kirkuk and the Kurdish city, divided by 2.65 million barrels per day from the South Oil Company fields, and 340 000 barrels of Missan Oil Company fields, and 170 000 barrels of Midland Oil Company fields, while still producing crude oil from Kirkuk fields of about 600 thousand barrels shut after the invasion Daash last June for a number of northern cities of Iraq, where the company is based in the fields of Kirkuk and Mosul and Salahuddin.
According to officials in the Ministry of Oil, the crude oil production levels over the next year will see a big surge, especially from the South Oil Company fields in the city of Basra, which manages some of them foreign companies, most notably «BP» British and »Lukoil» Russian, »Eni» Italian and »Exxon Mobil» US and »Petronas» Malaysian national oil company and the Chinese »Japex» Japanese.
It is hoped to increase crude oil production gradually from the South Oil Company fields to reach next year to 2.9 million barrels per day.
The sources said that productivity increases will include two other fields in the Maysan Oil and center, where he has a large fields, notably the Halfaya field and loose change and Bazerkan and Abu Omar al-Ahdab and Badra, and other fields operated by foreign companies.
Iraq and managed during the past two years to raise the energies export of crude oil through the northern Gulf of Iraqi ports after the opening of four floating platforms for the export of crude oil, up total capacity to 3.6 million barrels per day, in addition to the power port of Basra, amounting to 1.6 million barrels, and about 400 000 barrels in the port of al-Amaya , while preparations are underway to add a fifth buoy for export card 900 thousand barrels per day in the future.
Oil experts in Iraq is likely that the development and stability of crude oil production and oil industry in Iraq will not be achieved, unless the frame through the adoption of the oil and gas law stalled due to ongoing since 2007, the political differences.
The aim of the oil and gas law in order to put guarantees for all Iraqi cities and productive participation in oil projects and the development of management plans to invest for oil and gas.
The Iraqi oil reserves (certainly) currently stands at 150 billion barrels, in addition to other reserves is uncertain up to 240 billion barrels as well as the last reserves in the Kurdistan region of fields up to about 45 billion barrels.
On the other hand, revealed a senior leader of the coalition of state law, which belongs to him Iraqi Prime Minister Haider al-Abadi, yesterday that the federal government would pay $ 23 billion share territory in the federal budget for 2015 compared to the export of the region for oil worth up to $ 16 billion, according to current prices in global markets .
He added that it will be in accordance with the agreement signed last Tuesday with the head of regional government in northern Iraq Ngerivan Barzani.
The agreement, which was approved by the Iraqi Council of Ministers that the Iraqi oil belongs to all Iraqis, and the region of northern Iraq delivery of at least 250 thousand barrels of oil a day to the federal government for the purpose of export, in addition to the export of 300 thousand barrels per day by the Federal Government of the province of Kirkuk oil fields through the pipeline in the region.
Said Haitham al-Jubouri, a senior leader of the coalition of state law, that the region «according to figures announced the export of oil Federal Government will $ 16 billion, in exchange for receiving a proportion of 17% of the budget, which is equivalent to $ 23 billion».
Jubouri, adding that «the paper the fiscal deficit in the federal budget for next year has been stressful on the negotiating team of the Federal Government to accept this hasty agreement».
Jubouri revealed that Prime Minister Haider al-Abadi, enter into new negotiations with the province regarding the debt, which is still his trust, which is estimated at 35 billion dollars amounts.
Jubouri did not give more details about «when to hold new round of negotiations with the Kurds about Diwan ranked on the region and for export quantities of oil to Turkey unilaterally without the consent of the federal government. »
Relate to differences between the two sides mainly oil wealth management, where Baghdad considers it her sole right to manage, especially issues related to the conclusion of field development and exploration and export contracts, but the North Region of Iraq insists that the constitution allows him to management of oil wealth within its borders, including the export of oil.
It also came in the federal government's statement that the conferees also agreed to allocate a percentage of the federal allocations ground forces to the Iraqi army forces «Peshmerga» (northern Iraq Army) according to population ratio as part of the Iraqi security system.
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BAGHDAD - dpa: Open the oil agreement reached by the Iraqi federal government and the Kurdistan Regional Government, which aims to solve the export of crude oil crisis under the supervision of the Iraqi government, the doors to the Oil Ministry to achieve an unprecedented achievement to raise the energies export crude oil to reach 3.3 million barrels a day for the first time in the history of Iraq since 1979, when the export rate of 3.244 million barrels per day.
Under the new agreement, which was reached between the two sides, the government of Kurdistan, the Iraqi government will hand over 250 000 barrels per day of production of its oil fields to be exported under the supervision of Iraqi crude oil marketing company «Sumo», as well as allowing for the export of 300 000 barrels of Kirkuk fields through pipelines to export oil pipeline through the territory of Kurdistan to the Turkish port of Ceyhan, thus ending the oil crisis and the locking mechanism resources of the public budget for next year.
He announced the Iraqi oil minister, Adel Abdul-Mahdi, that the oil ministry will raise the export potential of the southern fields and Central to 2750 barrels per day as part of the general budget for 2015.
The MP said Ibrahim Bahr al-Ulum, a member of the Oil and Energy Committee in the Iraqi parliament, said that «an important agreement because it put significant time plan for 2015 for the export of crude oil from the fields of Kurdistan card 250 000 barrels per day, and operation of the Kirkuk oilfields and oil export capacity of 300 thousand barrels per day through the pipeline export line crude oil through Kurdistan and then to the Turkish port of Ceyhan under the supervision of SOMO, and collect revenue in one basket with the federal government and distributed to all the provinces in the federal budget for 2015. »
He Bahr al-Ulum, who previously served as oil minister in the post after the overthrow of former Iraqi President Saddam Hussein in 2013 «that crude oil production is currently in Kurdistan fields between / 380-400 / thousand barrels per day and delivered 250 000 barrels of which the Federal Government for export in accordance with the 2015 budget is rewarding hope that mounts in the future. »
He said «that crude oil exports from the northern Kirkuk oilfields in accordance with the agreement will be increased by 300 000 barrels per day, and will be of any good, which currently produces more than 130 000 barrels per day, and the Kirkuk field, which produces more than 300 000 barrels per day> field»
Reports indicate the Iraqi Oil Ministry said currently crude oil approaching 3.2 million barrels per day production levels, mostly from southern and central Iraq fields except Kirkuk and the Kurdish city, divided by 2.65 million barrels per day from the South Oil Company fields, and 340 000 barrels of Missan Oil Company fields, and 170 000 barrels of Midland Oil Company fields, while still producing crude oil from Kirkuk fields of about 600 thousand barrels shut after the invasion Daash last June for a number of northern cities of Iraq, where the company is based in the fields of Kirkuk and Mosul and Salahuddin.
According to officials in the Ministry of Oil, the crude oil production levels over the next year will see a big surge, especially from the South Oil Company fields in the city of Basra, which manages some of them foreign companies, most notably «BP» British and »Lukoil» Russian, »Eni» Italian and »Exxon Mobil» US and »Petronas» Malaysian national oil company and the Chinese »Japex» Japanese.
It is hoped to increase crude oil production gradually from the South Oil Company fields to reach next year to 2.9 million barrels per day.
The sources said that productivity increases will include two other fields in the Maysan Oil and center, where he has a large fields, notably the Halfaya field and loose change and Bazerkan and Abu Omar al-Ahdab and Badra, and other fields operated by foreign companies.
Iraq and managed during the past two years to raise the energies export of crude oil through the northern Gulf of Iraqi ports after the opening of four floating platforms for the export of crude oil, up total capacity to 3.6 million barrels per day, in addition to the power port of Basra, amounting to 1.6 million barrels, and about 400 000 barrels in the port of al-Amaya , while preparations are underway to add a fifth buoy for export card 900 thousand barrels per day in the future.
Oil experts in Iraq is likely that the development and stability of crude oil production and oil industry in Iraq will not be achieved, unless the frame through the adoption of the oil and gas law stalled due to ongoing since 2007, the political differences.
The aim of the oil and gas law in order to put guarantees for all Iraqi cities and productive participation in oil projects and the development of management plans to invest for oil and gas.
The Iraqi oil reserves (certainly) currently stands at 150 billion barrels, in addition to other reserves is uncertain up to 240 billion barrels as well as the last reserves in the Kurdistan region of fields up to about 45 billion barrels.
On the other hand, revealed a senior leader of the coalition of state law, which belongs to him Iraqi Prime Minister Haider al-Abadi, yesterday that the federal government would pay $ 23 billion share territory in the federal budget for 2015 compared to the export of the region for oil worth up to $ 16 billion, according to current prices in global markets .
He added that it will be in accordance with the agreement signed last Tuesday with the head of regional government in northern Iraq Ngerivan Barzani.
The agreement, which was approved by the Iraqi Council of Ministers that the Iraqi oil belongs to all Iraqis, and the region of northern Iraq delivery of at least 250 thousand barrels of oil a day to the federal government for the purpose of export, in addition to the export of 300 thousand barrels per day by the Federal Government of the province of Kirkuk oil fields through the pipeline in the region.
Said Haitham al-Jubouri, a senior leader of the coalition of state law, that the region «according to figures announced the export of oil Federal Government will $ 16 billion, in exchange for receiving a proportion of 17% of the budget, which is equivalent to $ 23 billion».
Jubouri, adding that «the paper the fiscal deficit in the federal budget for next year has been stressful on the negotiating team of the Federal Government to accept this hasty agreement».
Jubouri revealed that Prime Minister Haider al-Abadi, enter into new negotiations with the province regarding the debt, which is still his trust, which is estimated at 35 billion dollars amounts.
Jubouri did not give more details about «when to hold new round of negotiations with the Kurds about Diwan ranked on the region and for export quantities of oil to Turkey unilaterally without the consent of the federal government. »
Relate to differences between the two sides mainly oil wealth management, where Baghdad considers it her sole right to manage, especially issues related to the conclusion of field development and exploration and export contracts, but the North Region of Iraq insists that the constitution allows him to management of oil wealth within its borders, including the export of oil.
It also came in the federal government's statement that the conferees also agreed to allocate a percentage of the federal allocations ground forces to the Iraqi army forces «Peshmerga» (northern Iraq Army) according to population ratio as part of the Iraqi security system.
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