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Kurdistan and Baghdad agree to export oil territory by a company "Sumo" ~ TY raindrop1 ~

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tlm724

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Kurdistan and Baghdad agree to export oil territory by a company "Sumo"

26/12/13 05: 38

Agreed that the Deputy Prime Minister for Energy Affairs Hussein Al-Shahristani, Thursday, with the President of the Kurdistan Regional Government nechirvan albarazani to export oil region by oil marketing company SOMO.

Al-Shahristani's Office said in a statement that "the Deputy Prime Minister for Energy Affairs Hussein Al-Shahristani, met on Wednesday evening, the Kurdish delegation, headed by Minister nechirvan Barzani and the presence of oil Minister Abdul Kareem luaibi and Minister of finance agency purely net debt".

"The two sides discussed outstanding issues regarding oil and ways of finding acceptable solutions in accordance with the Constitution, to protect Iraq's oil wealth", pointing out that "the two sides agreed on the need to export the oil produced in the region by oil marketing company SOMO as mechanisms to export Iraqi oil pricing."


The statement noted that "oil revenues the territory according to the new agreement will be deposited in the Development Fund for Iraq and distributed through the annual budget.

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Last edited by tlm724 on Thu Dec 26, 2013 8:11 pm; edited 1 time in total


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