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KRG threatens to halt oil exports if Baghdad did not pay dues of production companies
26/03/2012 20:14
"Iraq's Gate" Erbil - Kurdistan Regional Government has threatened to Iraq, Monday, to stop its oil exports if Baghdad did not pay dues of production companies.
The Ministry of Natural Resources in the Government of the Territory in a statement released today, said that "the government has stopped oil exports in the north, in the event of continued federal government in Baghdad detention payments due to the oil-producing companies."
The statement added that "due to production costs and investments that should be producing companies do in the region, the Ministry of Natural Resources to reduce exports to 50 thousand barrels per day," warning that "may stop completely within a month in the absence of payments."
The Iraqi Oil Ministry has warned, on 13 March current, substantial losses in the public treasury of the state due to reduced KRG oil exports, but pointed out that the Government of the Territory is currently exporting 65 thousand barrels per day, asking them to fulfill their commitments made by the export of 175 thousand barrels per day, which developed on the basis of the general budget of the country in 2012.
The agency "Dow Jones" News quoted on 12 March current, for a government official as saying that the Kurdistan region of Iraq 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 per day.
And agreed the central government in Baghdad with the Government of the Territory to report exports of oil per year, 175 thousand barrels, which were calculated on the basis of the budget 2012, which I share the Kurds as this year to about 11 percent after that she was about 17% due to higher expenses sovereign and defense in the budget.
The government of the Kurdistan region of Iraq have started mid-2009 to pump oil to the strategic pipeline 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.
The issue of oil wealth and the sharing of files of the most contentious 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, in 11 this March, 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 stage end the differences between Baghdad and the region View on 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 a contract in Kurdistan, transparent and not "behind closed doors", he stressed that those contracts not been submitted to the central government.
It is 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, while the exports of Iraqi crude oil, currently about 2.0002 million barrels a day, and most of those quantities issued by carriers freely through the ports of Basra pristine deep-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 the pipeline extends under the water and related warehouses storing 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 pelvic carriers.
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26/03/2012 20:14
"Iraq's Gate" Erbil - Kurdistan Regional Government has threatened to Iraq, Monday, to stop its oil exports if Baghdad did not pay dues of production companies.
The Ministry of Natural Resources in the Government of the Territory in a statement released today, said that "the government has stopped oil exports in the north, in the event of continued federal government in Baghdad detention payments due to the oil-producing companies."
The statement added that "due to production costs and investments that should be producing companies do in the region, the Ministry of Natural Resources to reduce exports to 50 thousand barrels per day," warning that "may stop completely within a month in the absence of payments."
The Iraqi Oil Ministry has warned, on 13 March current, substantial losses in the public treasury of the state due to reduced KRG oil exports, but pointed out that the Government of the Territory is currently exporting 65 thousand barrels per day, asking them to fulfill their commitments made by the export of 175 thousand barrels per day, which developed on the basis of the general budget of the country in 2012.
The agency "Dow Jones" News quoted on 12 March current, for a government official as saying that the Kurdistan region of Iraq 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 per day.
And agreed the central government in Baghdad with the Government of the Territory to report exports of oil per year, 175 thousand barrels, which were calculated on the basis of the budget 2012, which I share the Kurds as this year to about 11 percent after that she was about 17% due to higher expenses sovereign and defense in the budget.
The government of the Kurdistan region of Iraq have started mid-2009 to pump oil to the strategic pipeline 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.
The issue of oil wealth and the sharing of files of the most contentious 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, in 11 this March, 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 stage end the differences between Baghdad and the region View on 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 a contract in Kurdistan, transparent and not "behind closed doors", he stressed that those contracts not been submitted to the central government.
It is 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, while the exports of Iraqi crude oil, currently about 2.0002 million barrels a day, and most of those quantities issued by carriers freely through the ports of Basra pristine deep-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 the pipeline extends under the water and related warehouses storing 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 pelvic carriers.
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