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Iraqi Kurdistan stop two thirds of exports of oil due to financial problems with Baghdad

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Shredd

Shredd
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Iraqi Kurdistan stop two thirds of exports of oil due to financial problems with Baghdad

Editor: NK Monday, 12 March 2012 16:22 GMT
Sumerian News / Baghdad
revealed Massard Iraqi and Kurdish, on Monday, that the government of the Kurdistan region of Iraq halted about two thirds of its exports of crude oil through the main pipe due to financial problems with the central government in Baghdad. quoted service (Dow Jones) news official in the Iraqi central government as saying that "Iraq's Kurdistan region to reduce its exports of crude oil through the main pipe which flows into the Turkish port of Ceyhan to 75 thousand barrels of oil a day after it was issued at least 175 thousand barrels a day."

said the official, who did not mention the service to be named to that "The central government did not know the reasons for the Kurdistan region of Iraq, a move!". the other hand, carry an official in the Kurdistan Regional Government, "the central government in Baghdad responsible for the decision region to reduce its exports of crude oil." The official also quoted, "Dow Jones" that " Baghdad did not pay for the Kurdistan region of any of the dues of the oil export revenues since May of 2011, "pointing out that" the consequences of Baghdad from the dues of Erbil than one billion dollars. "

The government of the Kurdistan region of Iraq have started mid-2009 to pump oil to the tube strategic connecting to the Turkish port of Ceyhan by about 100 thousand barrels per day, and then raise the amount to 175 thousand barrels per day in mid-2011. and agreed to the central government in Baghdad with the provincial government to be its exports of oil in the year 2012 a rate of 175 thousand barrels, which calculated Kan budget 2012, which I share the Kurds as this year to about 11 percent after it was about 17% due to higher expenses sovereign and defense in the budget. is the subject of oil and revenue-sharing of the leading files of contention between Baghdad and the province added to the issue of the disputed areas and annexed to the Kurdistan region.

The Ministry of Natural Resources in the Kurdistan region, Sunday (11 March this month), it plans to raise the capacity of oil production to two million barrels per day by the year 2019, stressing that it will enhance the status of the region in the equations the World, while some expressed the hope that witnessing the next phase ending differences between Baghdad and the region on the file of oil.

The Deputy Prime Minister for Energy, Hussain al-Shahristani, on 9 September 2011, a decline in crude oil exported from the Kurdistan region of 150 thousand barrels to 50 thousand through the tube the Iraq-Turkey, with the student to be contracts in the Kurdistan transparent and not "behind closed doors", he stressed that those contracts not been submitted to the central government. noteworthy that Iraq currently produces about 2.0009 million barrels of crude oil per day, of which not less than 1.0009 million barrels extracted from fields located in the province of Basra, The total exports of Iraqi crude oil, currently about 2.0002 million barrels a day, and most of those quantities exported by tankers freely through the ports of Basra (pristine deep) and al-Amaya floating, and are located in Iraqi territorial waters and with a capacity to export 1.7 million barrels a day, and is pumped to two oil through pipelines stretching under water, and related repositories storage coastal located near the center of Faw about (100 km south of Basra), while export quantities produced from the northern fields to the port of Ceyhan on the Mediterranean Sea through a pipeline carrier, and the remaining quantities are exported to Jordan using the vector Pelvic.

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cps


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Seems to me IMO that the kurds are applying a little pressure on GoI to get things settled


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