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Oil Minister: Development of Baghdad, Erbil agreement
04/04/2015 18:09
Oil Minister Adel Abdul-Mahdi stressed the interest of Iraq and require continuing quest to develop Baghdad, Erbil agreement.
BAGHDAD / Obelisk: Oil Minister Adel Abdul-Mahdi, the Sabbath, the understanding reached between the federal government and the Kurdistan region of Iraq, has become a reality, pointing out that Iraq's interest requires continuity and seeking to develop it.
He explained Abdul-Mahdi said in a statement, "obelisk" I got a copy of it, "we are compelled to say that we are all (government and the province) resort to solutions forced the temporary instead of permanent solutions and reassuring," noting that "policies and statements and attitudes wrong led to the complexity of the relationships and concepts overlap and the accumulation of practices and procedures and entitlements this or that party. "
He added that "the most important reasons for the absence of oil and gas law, and the law of distribution of financial resources and that each party to provide the private Constitution interpreted, disrupting settlements and receivables, that is right for the region and prevent the entry of exports values carried out by the province, is the right of the Iraqi treasury Federal."
And "had to be a quick agreement to regulate the budget 2015, the Al550 agreement thousand barrels daily average, and despite all the difficulties and disagreements, but the agreement has improved the atmosphere and meetings, and helped to overcome the budget crisis, and became a reality, and remains steadfast, and we believe that everyone's interest to continue and develop. "
He continued, "we have been since 2004 to allocate 17% of the budget of the Kurdistan region, The region was in a self-governing since the seventies, and has since 1991, and the ministries and departments quite similar to what the Federal government, and began the application program (oil for food) to receive 13% of the total imports Iraq's oil. "
And that "Iraq's Kurdistan region enjoys according to the 2005 Constitution put (province), with all its requirements of the Constitution and local government, was to be working according to the proportion of 17% for the organization dues on the one hand, and to prevent double payments on the other hand, since the province delivers the federal government part of the Al550 thousand barrels only, and shall issue to his advantage the other part, was to be calculated by the percentage deducted from the 17%, from the monthly dues, fit and direct exports, which prevents as much as possible the double payment, and puts us in the way of the principle of the oil and gas belongs to the Iraqi people in all its regions and provinces ".
He concluded by saying "It's time to do what we have stated all of us, as if approving the budget, we will seek within 6 months or less, to sit down together to develop a comprehensive, fair and constitutional solutions to this thorny issue."
The two sides reached an agreement approved by the end of last year, stated that The region exported 550 thousand barrels of oil per day from Kirkuk (north) via pipelines that extend into northern Iraq, and the oil fields of the region, against the federal government pledged to allocate 17% of the value of the budget Federal territory, along with payment of the region and the Peshmerga forces staff salaries.
Iraq is facing an economic crisis that forced him to reduce the size of the financial budget as a result of lower oil prices to below $ 50 and start a policy of austerity, while the Ministry of Finance announced last month it would increase taxes on some of the services provided.
Iraqi Council of Representatives approved recently, the majority of the general federal budget amounting to 119 trillion Iraqi dinars Act ($ 102 billion) deficit by 25 trillion dinars ($ 21.4 billion).
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04/04/2015 18:09
Oil Minister Adel Abdul-Mahdi stressed the interest of Iraq and require continuing quest to develop Baghdad, Erbil agreement.
BAGHDAD / Obelisk: Oil Minister Adel Abdul-Mahdi, the Sabbath, the understanding reached between the federal government and the Kurdistan region of Iraq, has become a reality, pointing out that Iraq's interest requires continuity and seeking to develop it.
He explained Abdul-Mahdi said in a statement, "obelisk" I got a copy of it, "we are compelled to say that we are all (government and the province) resort to solutions forced the temporary instead of permanent solutions and reassuring," noting that "policies and statements and attitudes wrong led to the complexity of the relationships and concepts overlap and the accumulation of practices and procedures and entitlements this or that party. "
He added that "the most important reasons for the absence of oil and gas law, and the law of distribution of financial resources and that each party to provide the private Constitution interpreted, disrupting settlements and receivables, that is right for the region and prevent the entry of exports values carried out by the province, is the right of the Iraqi treasury Federal."
And "had to be a quick agreement to regulate the budget 2015, the Al550 agreement thousand barrels daily average, and despite all the difficulties and disagreements, but the agreement has improved the atmosphere and meetings, and helped to overcome the budget crisis, and became a reality, and remains steadfast, and we believe that everyone's interest to continue and develop. "
He continued, "we have been since 2004 to allocate 17% of the budget of the Kurdistan region, The region was in a self-governing since the seventies, and has since 1991, and the ministries and departments quite similar to what the Federal government, and began the application program (oil for food) to receive 13% of the total imports Iraq's oil. "
And that "Iraq's Kurdistan region enjoys according to the 2005 Constitution put (province), with all its requirements of the Constitution and local government, was to be working according to the proportion of 17% for the organization dues on the one hand, and to prevent double payments on the other hand, since the province delivers the federal government part of the Al550 thousand barrels only, and shall issue to his advantage the other part, was to be calculated by the percentage deducted from the 17%, from the monthly dues, fit and direct exports, which prevents as much as possible the double payment, and puts us in the way of the principle of the oil and gas belongs to the Iraqi people in all its regions and provinces ".
He concluded by saying "It's time to do what we have stated all of us, as if approving the budget, we will seek within 6 months or less, to sit down together to develop a comprehensive, fair and constitutional solutions to this thorny issue."
The two sides reached an agreement approved by the end of last year, stated that The region exported 550 thousand barrels of oil per day from Kirkuk (north) via pipelines that extend into northern Iraq, and the oil fields of the region, against the federal government pledged to allocate 17% of the value of the budget Federal territory, along with payment of the region and the Peshmerga forces staff salaries.
Iraq is facing an economic crisis that forced him to reduce the size of the financial budget as a result of lower oil prices to below $ 50 and start a policy of austerity, while the Ministry of Finance announced last month it would increase taxes on some of the services provided.
Iraqi Council of Representatives approved recently, the majority of the general federal budget amounting to 119 trillion Iraqi dinars Act ($ 102 billion) deficit by 25 trillion dinars ($ 21.4 billion).
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