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The dispute between Baghdad and Erbil hinder investment in the oil wealth
Friday, February 10 / فبراير 2012 17:30
BAGHDAD / With: oil continues to differences between the Government Center in Baghdad and the Kurdistan Regional Government in Arbil, in spite of the meetings and talks between the two sides, with the survival of the draft law of oil and gas in place within the ranges of the Iraqi parliament awaiting approval.
Situation in the Kurdistan region with a prominent member of the Kurdistan Democratic Party to the reporter and the news agency the future who preferred anonymity said: "The Government of the Territory is committed to the Iraqi constitution, and will continue in its oil policy which he described as a success," asserting that "the advent of global vendors to the region to invest in Exploration for oil is clear evidence of the success of this policy, and the failure of Baghdad's oil policy. "
He added that "the region and through the production of nearly 200 thousand barrels of oil a day were able to provide electrical power to its citizens, regardless of billions accusing Baghdad and the failure to provide services to Iraqis."
The Iraqi oil ministry prevented the companies that signed contracts with the Kurdistan Regional Government to participate in the tour, which is scheduled for late May, because the ministry and the Iraqi government, according to director of contracts and licensing of petroleum in the oil ministry, Abdul-Mahdi al-Amidi are still are considered contracts entered into by the Government of territory illegally. So let companies to choose between Baghdad and Erbil.
Director of Contracts and Licensing Petroleum in the Oil Ministry, Abdul-Mahdi al-Amidi said in turn that "the Korean company has succeeded in all the eligibility criteria but delay the announcement of rehabilitation was due to its stake in a post production in the field of Bazian with the Kurdistan Regional Government without the consent of the federal government, but after sale shares became eligible to participate in the next round of licensing. "
He Amidi: "The number of companies currently eligible to participate in the licensing round, the fourth arrived 47 companies 38 companies, including in addition to the company's new Korean bought bags of information," stressing that "the licensing round, the next will be held in Baghdad on thirty atheist and the thirtieth of May next."
He attributed the reasons Amidi "postponement of the fourth licensing round three times to the need for the ministry to make adjustments to service contracts and the opportunity for companies to review these contracts."
And international companies that continue to face pressure from the Iraqi Oil Ministry to undo the concession contracts signed with the Kurdistan Regional Government, the American company Exxon Mobil.
The Oil Ministry has decided to allow the central S-Corporation. K Innovations to participate in the fourth round of licenses for exploration concessions, after the South Korean company sold its stake in the field of oil in the Kurdistan region of the Korean National Oil Company, CNOOC has already banned their participation.
Amidi said: If "you want Exxon Mobil to continue to the West Qurna contract will be notified and the Oil Ministry in writing that they will freeze their contracts with the Kurdistan until agreement was reached between the province and Baghdad, or the approval of the Ministry of Oil on the contracts."
In turn, the Chairman of the Commission on oil and gas in the House of Representatives of the former Iraqi Ali Hussain Balou: "The Kurdish delegation senior visited Baghdad last November, and came out with positive results, but Baghdad and after the return of the delegation reneged on its promises", criticizing the "oil policy, which describes Balillabih and non- clear to the federal government in Baghdad. "
And excludes politicians and observers of the Iraqi oil to solve the disputes between Baghdad and Erbil, in the absence of oil and gas law, who was unable House of Representatives during its previous pass, and still on the agenda of the new session of the Council.
It was Hussein Shahristani, the deputy prime minister for the energy he hoped to be able the House of Representatives approved the bill after the Council of Ministers to amend the earlier draft prepared in 2007. (Finished)
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Friday, February 10 / فبراير 2012 17:30
BAGHDAD / With: oil continues to differences between the Government Center in Baghdad and the Kurdistan Regional Government in Arbil, in spite of the meetings and talks between the two sides, with the survival of the draft law of oil and gas in place within the ranges of the Iraqi parliament awaiting approval.
Situation in the Kurdistan region with a prominent member of the Kurdistan Democratic Party to the reporter and the news agency the future who preferred anonymity said: "The Government of the Territory is committed to the Iraqi constitution, and will continue in its oil policy which he described as a success," asserting that "the advent of global vendors to the region to invest in Exploration for oil is clear evidence of the success of this policy, and the failure of Baghdad's oil policy. "
He added that "the region and through the production of nearly 200 thousand barrels of oil a day were able to provide electrical power to its citizens, regardless of billions accusing Baghdad and the failure to provide services to Iraqis."
The Iraqi oil ministry prevented the companies that signed contracts with the Kurdistan Regional Government to participate in the tour, which is scheduled for late May, because the ministry and the Iraqi government, according to director of contracts and licensing of petroleum in the oil ministry, Abdul-Mahdi al-Amidi are still are considered contracts entered into by the Government of territory illegally. So let companies to choose between Baghdad and Erbil.
Director of Contracts and Licensing Petroleum in the Oil Ministry, Abdul-Mahdi al-Amidi said in turn that "the Korean company has succeeded in all the eligibility criteria but delay the announcement of rehabilitation was due to its stake in a post production in the field of Bazian with the Kurdistan Regional Government without the consent of the federal government, but after sale shares became eligible to participate in the next round of licensing. "
He Amidi: "The number of companies currently eligible to participate in the licensing round, the fourth arrived 47 companies 38 companies, including in addition to the company's new Korean bought bags of information," stressing that "the licensing round, the next will be held in Baghdad on thirty atheist and the thirtieth of May next."
He attributed the reasons Amidi "postponement of the fourth licensing round three times to the need for the ministry to make adjustments to service contracts and the opportunity for companies to review these contracts."
And international companies that continue to face pressure from the Iraqi Oil Ministry to undo the concession contracts signed with the Kurdistan Regional Government, the American company Exxon Mobil.
The Oil Ministry has decided to allow the central S-Corporation. K Innovations to participate in the fourth round of licenses for exploration concessions, after the South Korean company sold its stake in the field of oil in the Kurdistan region of the Korean National Oil Company, CNOOC has already banned their participation.
Amidi said: If "you want Exxon Mobil to continue to the West Qurna contract will be notified and the Oil Ministry in writing that they will freeze their contracts with the Kurdistan until agreement was reached between the province and Baghdad, or the approval of the Ministry of Oil on the contracts."
In turn, the Chairman of the Commission on oil and gas in the House of Representatives of the former Iraqi Ali Hussain Balou: "The Kurdish delegation senior visited Baghdad last November, and came out with positive results, but Baghdad and after the return of the delegation reneged on its promises", criticizing the "oil policy, which describes Balillabih and non- clear to the federal government in Baghdad. "
And excludes politicians and observers of the Iraqi oil to solve the disputes between Baghdad and Erbil, in the absence of oil and gas law, who was unable House of Representatives during its previous pass, and still on the agenda of the new session of the Council.
It was Hussein Shahristani, the deputy prime minister for the energy he hoped to be able the House of Representatives approved the bill after the Council of Ministers to amend the earlier draft prepared in 2007. (Finished)
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