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The provincial government announces allocated part of its oil imports

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tlm724

tlm724
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The provincial government announces allocated part of its oil imports


23-05-2014 05:15 PM
Erbil (news) .. announced the Kurdistan Regional Government, they will continue to exercise 'constitutional right' in the sale of oil and will be deposited and imports in the Turkish bank, indicating that it will allocate part of the imports them, called upon the Iraqi oil marketing company SOMO to monitor the process of the sale of oil. government said the province in a statement received by the Agency (news): The tanker loaded with one million barrels of crude oil left, on Thursday, the Turkish port of Ceyhan to Europe, noting that this shipment is the first oil source via the new line of the Kurdistan region to Turkey. added : will deposit oil revenues in a special account in the Bank of the creation of the Turkish, pointing out that it will allocate part of the oil imports sold as a benefit for the budget of the Kurdistan Regional Government in the framework of the division of Iraq's oil revenues, according to the Iraqi constitution. government confirmed: fulfilling international obligations and UN resolutions on Iraq, host that will be allocated 5% of the proceeds of oil sold in a special account for the compensation owed ​​by Iraq ' and emphasized: the importance of the establishment of independent bodies to monitor the sale and export, as a liability for the Kurdistan Regional Government transparency, calling on officials in the Iraqi oil marketing company SOMO to 'monitor the process of export and the sale of oil. / End /

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