Home
Government agrees to grant benefits the oil companies operating in Kurdistan
Date: Thursday, 29.03.2012 7:22
Baghdad / term
and agreed to the Iraqi government, on Wednesday, to pay 650 billion dinars as receivables for oil companies operating in the Kurdistan region, while the Ministry of Finance announced the allocation of more than two billion dollars within the budget year 2012, for the payment of all oil companies operating in Iraq.
The Iraqi Finance Minister Rafie al-Issawi in a press conference on the sidelines of Baghdad, said "the Iraqi government has allocated 650 billion dinars within the budget year 2012, for the payment of oil companies operating in the Kurdistan region," stressing that "the disbursement will be after the audit."
For his part, Undersecretary of the Ministry of Finance Fadel prophet during the conference that "Iraq was devoted to two billion and $ 53 million as payment for oil companies operating in Iraq," pointing out that "the $ 560 million of these customizations will pay for the oil companies operating in the region of Kurdistan."
and threatened the Government of the Kurdistan Regional Government's central 26 of March current, to halt oil exports if not paid Baghdad dues production companies.
and decided to 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 warned on 13 March current, substantial losses in the public treasury of the state because reducing the Kurdistan region of its 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 they made on the export of 175 thousand barrels per day and that is developed on the basis of the budget General of the country in 2012.
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 tube of 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.
The issue of oil and revenue-sharing of the leading files of contention between Baghdad and the region added to the issue of the disputed areas and annexed to the Kurdistan region.
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 A 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.
and announced that the Iraqi Oil Ministry on 18 January 2012 a plan to increase oil production during the current year to three million and 400 thousand barrels per day and to increase its oil exports to 2.0006 million barrels a day. "
It is noteworthy that Iraq exported crude oil from the ports of Basra and Khor al-Amaya in the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, to be exported by truck by truck to Jordan, The proportion of exports from the Basra oil 90%, while the remaining issue of Kirkuk, Iraq currently produces about three million barrels of crude oil per day, and emits approximately 2.0002 million barrels a day.
[You must be registered and logged in to see this link.]
