Parliamentary Energy: Kurdistan exports for 6 months in line with the oil accord
Wednesday 08-07-2015 | 11:01:52
Twilight News / promised the Commission on oil and energy parliamentary Wednesday Kurdistan Region's oil exports over the past 6 months, it harmony of the terms of the oil agreement signed between Baghdad and Erbil, indicating that the billion and $ 120 million still owed by the federal government did not pay for the region.
The committee member said Tariq friend of Twilight News, "The Kurdistan Region during the first three months of this year in January, February, March, could not export quantities set forth in the oil agreement due to technical problems, and this is included in the oil agreement, which gave the region a period of three Months allow to increase oil production. "
He added that "the region during the months April and May, and June, the federal government handed over the largest amounts of oil from the oil specified in the agreement amounts, and thus the agreement executed by the federal government hand over items about 80 million barrels of oil over the past six months."
He said a member of the parliamentary committee that "the federal government handed over the provincial government two billion and 285 million Iraqi dinars, less than two billion dollars, while in the custody of the Federal Government is still about one billion and 120 million dollars for the region's share of oil exports in the past six months."
Under the budget that the Kurdistan export of 550 000 barrels per day of oil from the Kirkuk fields and fields through the pipeline owned by the province for the benefit of the federal government in exchange for a share of the provincial budget, amounting to 17 percent.
Kurdish officials say the Baghdad send monthly payments much lower than their share of the budget despite the fact that the region currently is pumped up to the agreed amount of oil.
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Wednesday 08-07-2015 | 11:01:52
Twilight News / promised the Commission on oil and energy parliamentary Wednesday Kurdistan Region's oil exports over the past 6 months, it harmony of the terms of the oil agreement signed between Baghdad and Erbil, indicating that the billion and $ 120 million still owed by the federal government did not pay for the region.
The committee member said Tariq friend of Twilight News, "The Kurdistan Region during the first three months of this year in January, February, March, could not export quantities set forth in the oil agreement due to technical problems, and this is included in the oil agreement, which gave the region a period of three Months allow to increase oil production. "
He added that "the region during the months April and May, and June, the federal government handed over the largest amounts of oil from the oil specified in the agreement amounts, and thus the agreement executed by the federal government hand over items about 80 million barrels of oil over the past six months."
He said a member of the parliamentary committee that "the federal government handed over the provincial government two billion and 285 million Iraqi dinars, less than two billion dollars, while in the custody of the Federal Government is still about one billion and 120 million dollars for the region's share of oil exports in the past six months."
Under the budget that the Kurdistan export of 550 000 barrels per day of oil from the Kirkuk fields and fields through the pipeline owned by the province for the benefit of the federal government in exchange for a share of the provincial budget, amounting to 17 percent.
Kurdish officials say the Baghdad send monthly payments much lower than their share of the budget despite the fact that the region currently is pumped up to the agreed amount of oil.
[You must be registered and logged in to see this link.]