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Kurdistan Regional Government published its report for the month of April on the export of crude oil
23/05/2015 19:13
Ministry of Natural Resources published in the Kurdistan Regional Government, its monthly report for the export of crude oil for the month of April, according to this, the report Kurdistan Regional Government fulfilled its obligations in the oil export process under the federal budget for the 2015 law, and recorded in the past record numbers, which continues to raise this level.
According to the agreement on the export of oil and the federal budget, which reached the territory of Kurdistan and the Iraqi government government in December / December, is committed to the Kurdistan region to export the amount of 550 thousand barrels of oil a day, in contrast, the federal government is committed to providing the Kurdistan Region's budget, and that link a month to the amount of Billion dollar.And it has the approval of this agreement in the framework of the Iraqi federal budget law for 2015.
The provincial government during the month of April, to hand over the amount of 16,868,985 barrels of oil to the National Company for the marketing of known oil (SOMO), an increase of 562 thousand barrels / day. Of this percentage, the Kurdistan Region fields participated quantity (12.457.371) barrels, an average (415.246) barrels per day, while the North / Kirkuk, an oil company fields participated quantity (4421614) barrels, an average (147.387) barrels / day.
Where the product is exported oil from Kirkuk and the Kurdistan Region fields across the Kurdistan Region pipeline to the Turkish port of Ceyhan.
This was published and Ministry of Natural Resources in the Kurdistan Regional Government during the month of March of this year, a report on the export of crude oil process, it stressed that up to the preparation of this report, the Government of the Territory continues to meet its obligations to export those agreed quantity with the federal government, while the government Iraq sent a part of the financial entitlements under the Federal budget for the 2015 law.
Last week, held the presidency of the Council of Ministers of the region, meeting with representatives of the Kurdistan Region in Baghdad, and was followed by another meeting was held with the presidency of the Kurdistan Parliament and the heads of parliamentary blocs, to discuss the latest developments on matters relating to oil between the Kurdistan region and Baghdad.
Where the Prime Minister of the Kurdistan Region stressed that the Government of the Territory will adhere to the Convention and the law of the federal budget for 2015, but in the event of the failure of the talks to positive results, and the insistence of Baghdad in breach of the law of the budget and not to send financial benefits to the Kurdistan Region, the Kurdistan Regional Government will pursue other ways to save budget necessary for the region.
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23/05/2015 19:13
Ministry of Natural Resources published in the Kurdistan Regional Government, its monthly report for the export of crude oil for the month of April, according to this, the report Kurdistan Regional Government fulfilled its obligations in the oil export process under the federal budget for the 2015 law, and recorded in the past record numbers, which continues to raise this level.
According to the agreement on the export of oil and the federal budget, which reached the territory of Kurdistan and the Iraqi government government in December / December, is committed to the Kurdistan region to export the amount of 550 thousand barrels of oil a day, in contrast, the federal government is committed to providing the Kurdistan Region's budget, and that link a month to the amount of Billion dollar.And it has the approval of this agreement in the framework of the Iraqi federal budget law for 2015.
The provincial government during the month of April, to hand over the amount of 16,868,985 barrels of oil to the National Company for the marketing of known oil (SOMO), an increase of 562 thousand barrels / day. Of this percentage, the Kurdistan Region fields participated quantity (12.457.371) barrels, an average (415.246) barrels per day, while the North / Kirkuk, an oil company fields participated quantity (4421614) barrels, an average (147.387) barrels / day.
Where the product is exported oil from Kirkuk and the Kurdistan Region fields across the Kurdistan Region pipeline to the Turkish port of Ceyhan.
This was published and Ministry of Natural Resources in the Kurdistan Regional Government during the month of March of this year, a report on the export of crude oil process, it stressed that up to the preparation of this report, the Government of the Territory continues to meet its obligations to export those agreed quantity with the federal government, while the government Iraq sent a part of the financial entitlements under the Federal budget for the 2015 law.
Last week, held the presidency of the Council of Ministers of the region, meeting with representatives of the Kurdistan Region in Baghdad, and was followed by another meeting was held with the presidency of the Kurdistan Parliament and the heads of parliamentary blocs, to discuss the latest developments on matters relating to oil between the Kurdistan region and Baghdad.
Where the Prime Minister of the Kurdistan Region stressed that the Government of the Territory will adhere to the Convention and the law of the federal budget for 2015, but in the event of the failure of the talks to positive results, and the insistence of Baghdad in breach of the law of the budget and not to send financial benefits to the Kurdistan Region, the Kurdistan Regional Government will pursue other ways to save budget necessary for the region.
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