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Iraq reveals the loss of millions of dollars due to the position of the Kurdistan oil
MONDAY, APRIL 2 / APRIL 2012 13:18
Twilight News / Deputy Prime Minister for Energy, on Monday, that Iraq had incurred losses of $ 5 billion and $ 450 million because of lack of delivery of the Kurdistan Region of oil produced in the region to the marketing company of the Federal Government.
Hussein al-Shahristani said in a joint news conference with Oil Minister attended the " Twilight News "," during the past two days event is an important development affecting the lives of Iraqis, as it announced the Kurdistan Regional Government that it had suspended delivery of oil produced in the province to the government, "adding," it was the implementation of that and reduce the quantities during the last term to end 70 thousand barrels per day and then was stopped once and for export as of yesterday evening. "
He said al-Shahristani, said the ban comes at a time declared Iraq "achieve the highest production" for years, and it was this lack of commitment of books the official statement issued by the Ministry of Water Resources in the province to the federal government that set the amount of oil produced per month, pointing to the existence of differences in quantity between oil producer and exporter due to the presence of oil is received is from the province.
Shahristani said that the amounts lost in Iraq's oil product did not deliver during 2011 amounted to $ 3 billion and $ 547 million and in 2010 reached 2 billion and 102 million dollars, "which means that the total was 5 billion and $ 450 million," adding that there are additional production in the years 2008 and 2009, "bringing the lost amounts to 6 billion and 450 million dollars."
He added that those amounts "the right of the Iraqi people."
He added, "wealth for all Iraqis, and the amounts allocated to the Kurdistan Region of the federal budget, which is one of the oil originally, 17%," adding that the percentage of "5% of the oil extracted from the region are not delivered to Iraq, It is my duty to inform the Iraqi people on it.
He explained that "the failure of the Kurdistan Regional Government for the delivery of oil prevented Iraqis from 6 billion and $ 450 million, and expected more than this amount in the future."
He stressed Shahristani that region, "he must hand over 175 thousand barrels per day," he said, adding that oil prices in world markets had "reached the 105 110 dollars a barrel, and not to hand over that amount would cause a deficit in the budget", persisting to say that "the government should consider the actions required to recover this right which is right for all Iraqis. "
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