Sunday, April 11, 2010

*** Kurdistan oil exports to resume after agreement with the Ministry of Oil ...


Monday, 12 April 2010

Kurdistan oil exports to resume after agreement with the Ministry of Oil

بغداد Baghdad

Kurdish officials said the resumption of Kurdistan region to export Iraqi oil extracted from the region after an agreement with the Ministry of Oil in the central government in Baghdad ...

He said the Kurdistan Alliance leader Muhsin al-Sadoun said in press statements that "the agreement signed between the Kurdistan region and officials at the central Ministry of Oil is currently visiting the region in which it was agreed that the province will resume exporting oil."

Saadoun and that "the agreement was reached after the dissolution of the shapes on the ratio of tax to be paid by the foreign company recovered for Iraqi oil."

He said al-Saadoun said "the region will resume oil exports within a short period through the pipeline between Kirkuk and the oil of Kirkuk - Ceyhan," warning that "the resumption of exports would benefit all Iraqis, not the province only because the provincial government will get a rate of 17% of imports of oil extracted" on the Min said.

The resumption of oil again in the province after the stoppage of exports earlier in the last year from the fields of petroleum Tawke Otq Taq because of the central government's refusal to pay dues to the Norwegian company and other companies that extract oil in northern Iraq's oil for the government of the province.

The Oil Minister Hussain al-Shahristani has said in February that the central government may pay in the end cost of prospecting and extraction of oil companies working in Kurdistan without the payment of any profits will be considered is the amount spent by these companies on the business carried out.

He warned that "still had reservations about the contracts signed by the Kurdistan Regional Government with the oil companies and special items for production-sharing agreements.

And managed Tawke field in the region by two Genl Turkish Energy and DVD. That. Or Norwegian, which is the first foreign company conducts exploration for oil in Iraq Badj in 2003.


iraqiamedia.com