WELCOME TO BONDLADYS CORNER...WE CARRY ON HER CUSTOM OF MAKING THIS SITE YOUR 24 HOUR A DAY IRAQ NEWS ARTICLE SOURCE

THANK YOU FOR YOUR CONTINUED SUPPORT OF OUR LADY.


You are not connected. Please login or register

Iraq economy loses $ 34 billion owning to Kurdistan illegal export of oil, says Oil Ministry

Go down  Message [Page 1 of 1]

lightingcslt

lightingcslt
MEMBER
MEMBER

Baghdad {Forat} -The Iraqi Ministry of Oil renewed its condemnation to the illegal export of oil in Kurdistan Region describing it as blatant constitutional infringe as it harms the Iraqi economy and the federal budget.

The Ministry of Oil reported "The refusal of Kurdistan to hand over the revenues of oil exportation which exceeded $ 19,701,000,000 to the federal government over the years {2010,2011, 2012,2013} in addition to the loses that hit $ 6 billion during the first half of 2014 led to major loss in the Iraqi economy which is expected to lose $ 8, 400, 000, 000 during the remaining months of 2014. Thus, the total loses of the Iraqi economy exceeded $ 34 billion."
The Ministry expressed wonder over the silence of some sides on what has been reported via media about Kurdistan's export of oil to Israel.
The Oil Ministry assured its reservation to the right in suing all sides involved in the illegal export of oil as it is conducted without the awareness of the federal government. /End/ [You must be registered and logged in to see this link.]

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum