Saturday, 29 August, 2015
BAGHDAD / Nina / The Ministry of Natural Resources in the Kurdistan Regional Government allocated / 100 / million dollars of oil revenue payments to oil companies operating in the region.
The Ministry said in a statement today that it will allocate / 100 / million / 75 / thousand dollars of direct oil sales revenues as payment under the account for companies exporting oil, likely to start the delivery of regular payments to companies exporting oil in the first half of next September.
The Ministry added that the Government of the Territory appreciates the contribution of the international oil companies and the success of this year to raise oil exports from Kurdistan to record levels in an environment full of challengs.
The Ministry of Natural Resources in the Kurdistan Regional Government announced on the fifth of this month for the export of more than / 16 / million barrels of crude oil during the month of July from the fields of the region, registering a decline in the volume of exports compared with June.
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