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The Ministry of Finance reveal a new proposal to resolve the oil dispute between Baghdad and Erbil
7/15/2015
Detection and Advisor to the Minister of Finance, Fadel prophet, for a new proposal to resolve the oil dispute between Baghdad and Erbil..
The Prophet said in a press statement, "There are some new proposals between the KRG and the federal government, because we hope that does not lead oil relationship between Arbil and Baghdad to drop the final".
He explained, "There is a proposal to sell its oil independently of the region, and to participate in the budget of the sovereign Iraq," he said. "On the other hand calls for Baghdad, the Kurdistan Regional Government to pay part of the Kirkuk budget because the latter sells oil to maintain as well."
The federal government and the Kurdistan Regional Government may have concluded on 17 December 2014 of an agreement to export oil region 250 000 barrels of production with 300 000 barrels of the province of Kirkuk fields to pay in exchange for Baghdad Kurdistan's share of the federal budget by 17%.
And it faced the agreement difficulties since then where accused Baghdad Erbil transfer quantities of oil were lower than those agreed upon, while Erbil said that Baghdad pay less than half of the amounts due, but did not announce any of the parties after the termination of the work agreement, and continued exchange of blame between them weeks ago .
The navigation data, she noted that "the region sold nine million barrels of oil in eleven tanker from Turkish port of Ceyhan since the beginning of last June, compared with five million barrels allocated for Sumo in early month, then most of the shipments stopped after that."
June was the first month witnessed large independent sales since the agreement in December 2014..
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7/15/2015
Detection and Advisor to the Minister of Finance, Fadel prophet, for a new proposal to resolve the oil dispute between Baghdad and Erbil..
The Prophet said in a press statement, "There are some new proposals between the KRG and the federal government, because we hope that does not lead oil relationship between Arbil and Baghdad to drop the final".
He explained, "There is a proposal to sell its oil independently of the region, and to participate in the budget of the sovereign Iraq," he said. "On the other hand calls for Baghdad, the Kurdistan Regional Government to pay part of the Kirkuk budget because the latter sells oil to maintain as well."
The federal government and the Kurdistan Regional Government may have concluded on 17 December 2014 of an agreement to export oil region 250 000 barrels of production with 300 000 barrels of the province of Kirkuk fields to pay in exchange for Baghdad Kurdistan's share of the federal budget by 17%.
And it faced the agreement difficulties since then where accused Baghdad Erbil transfer quantities of oil were lower than those agreed upon, while Erbil said that Baghdad pay less than half of the amounts due, but did not announce any of the parties after the termination of the work agreement, and continued exchange of blame between them weeks ago .
The navigation data, she noted that "the region sold nine million barrels of oil in eleven tanker from Turkish port of Ceyhan since the beginning of last June, compared with five million barrels allocated for Sumo in early month, then most of the shipments stopped after that."
June was the first month witnessed large independent sales since the agreement in December 2014..
[You must be registered and logged in to see this link.]
