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Oil: The government is not obliged to pay the share of Kurdistan, amounting to 17% of the federal budget
9/21/15
BAGHDAD / Sky Press: Oil Ministry confirmed on Monday that the government is not obliged to pay the share of the Kurdistan region, amounting to 17% of the federal budget for 2016, because of the veto of the province signed an agreement with the Centre on the export of oil.
He said ministry spokesman Assem Jihad, in a press statement, said that "the Kurdistan region oil and gas issues for his own account and did not send any imports or actual amounts even after the rise in oil exports to the roof of 700 thousand barrels per day."
He added that "in the budget of 2015 and signed the federal government oil deal with the Kurdistan region did not adhere to Erbil at all, after he was supposed to be the center delivers imports 550 thousand barrels per day, did not send the first five months 50% of the agreed amount of oil," noting that "the federal government is not obliged to pay the region's share amounting to 17% of the budget in accordance with the agreement."
The federal government has reached an agreement with the Kurdistan Regional Government to resolve differences over oil exports and budget allocations requires that delivers the region's oil imports to Baghdad with the federal government be obliged to allocate 17% of the budget of the province.
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9/21/15
BAGHDAD / Sky Press: Oil Ministry confirmed on Monday that the government is not obliged to pay the share of the Kurdistan region, amounting to 17% of the federal budget for 2016, because of the veto of the province signed an agreement with the Centre on the export of oil.
He said ministry spokesman Assem Jihad, in a press statement, said that "the Kurdistan region oil and gas issues for his own account and did not send any imports or actual amounts even after the rise in oil exports to the roof of 700 thousand barrels per day."
He added that "in the budget of 2015 and signed the federal government oil deal with the Kurdistan region did not adhere to Erbil at all, after he was supposed to be the center delivers imports 550 thousand barrels per day, did not send the first five months 50% of the agreed amount of oil," noting that "the federal government is not obliged to pay the region's share amounting to 17% of the budget in accordance with the agreement."
The federal government has reached an agreement with the Kurdistan Regional Government to resolve differences over oil exports and budget allocations requires that delivers the region's oil imports to Baghdad with the federal government be obliged to allocate 17% of the budget of the province.
[You must be registered and logged in to see this link.]
