
December 26, 2010
Baghdad and Irbil Thsman oil export crisis
Baghdad, The Iraqi Oil Ministry, Sunday, the final agreement was reached between Baghdad and Erbil on the crisis in the export of oil from fields in the Kurdistan region, indicating that the agreement included the export of the province for 150 barrels of oil per day from fields for the federal government to pay financial benefits of foreign oil companies operating in the region.
He said ministry spokesman Assem Jihad told the Kurdish news agency (Rn), said that "negotiations between the federal government and the Kurdistan Regional Government reached to develop a mechanism to translate the previous agreements on the ground and an end to all the technical problems outstanding between the two sides and start afresh free from tension and the coordination level high ".He said.
Jihad said that "The federal government committed itself to an agreement with the Government of the Territory relating to issue the last 150 thousand barrels of oil per day from fields in return for the Ministry of Finance to pay compensation of foreign oil companies operating in the region and financial dues."
Jihad said that "The federal government will refer some important laws to the Parliament to regulate the relationship between Baghdad and Erbil, as well as develop a plan consistent with the work of oil in the country."
The Congress coalition Kurdish blocs boycotted the meeting of the Council of Representatives in November 18 in protest to give the province accounted for 17% of the federal budget requirement of commitment to export 150 thousand barrels of oil a day.
Called the mass "change" led by Mustafa Nushirwan the requirement of the federal government as "a collective methods of torture", which was exercised by the regime of Saddam is good.
The Oil Minister Hussain al-Shahristani told (Rn) last month that the Government of the Kurdistan region's oil production reaching 150 thousand barrels daily in order to maintain its percentage of the federal budget.
The oil contracts signed by the Kurdistan Regional Government with foreign companies of the most outstanding issues between Baghdad and Erbil, in the time that says the Iraqi Oil Ministry that the contracts of the territory are illegal because they do not have the right led to the conclusion, emphasizes the territorial Government that the Constitution conferred the right to conclude contracts.
The Oil Ministry said in September that crude oil inventories in the country has 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels.
Iraq seeks to access the oil produced within the next six years between 10 and 12 million barrels per day, in order to increase its exports of oil daily after obtaining approval from the Organization of the international oil cartel.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2&rurl=translate.google.com
Baghdad and Irbil Thsman oil export crisis
Baghdad, The Iraqi Oil Ministry, Sunday, the final agreement was reached between Baghdad and Erbil on the crisis in the export of oil from fields in the Kurdistan region, indicating that the agreement included the export of the province for 150 barrels of oil per day from fields for the federal government to pay financial benefits of foreign oil companies operating in the region.
He said ministry spokesman Assem Jihad told the Kurdish news agency (Rn), said that "negotiations between the federal government and the Kurdistan Regional Government reached to develop a mechanism to translate the previous agreements on the ground and an end to all the technical problems outstanding between the two sides and start afresh free from tension and the coordination level high ".He said.
Jihad said that "The federal government committed itself to an agreement with the Government of the Territory relating to issue the last 150 thousand barrels of oil per day from fields in return for the Ministry of Finance to pay compensation of foreign oil companies operating in the region and financial dues."
Jihad said that "The federal government will refer some important laws to the Parliament to regulate the relationship between Baghdad and Erbil, as well as develop a plan consistent with the work of oil in the country."
The Congress coalition Kurdish blocs boycotted the meeting of the Council of Representatives in November 18 in protest to give the province accounted for 17% of the federal budget requirement of commitment to export 150 thousand barrels of oil a day.
Called the mass "change" led by Mustafa Nushirwan the requirement of the federal government as "a collective methods of torture", which was exercised by the regime of Saddam is good.
The Oil Minister Hussain al-Shahristani told (Rn) last month that the Government of the Kurdistan region's oil production reaching 150 thousand barrels daily in order to maintain its percentage of the federal budget.
The oil contracts signed by the Kurdistan Regional Government with foreign companies of the most outstanding issues between Baghdad and Erbil, in the time that says the Iraqi Oil Ministry that the contracts of the territory are illegal because they do not have the right led to the conclusion, emphasizes the territorial Government that the Constitution conferred the right to conclude contracts.
The Oil Ministry said in September that crude oil inventories in the country has 505 billion barrels of discovered fields that $ 66 oil fields, with total recoverable reserves of 143 billion barrels.
Iraq seeks to access the oil produced within the next six years between 10 and 12 million barrels per day, in order to increase its exports of oil daily after obtaining approval from the Organization of the international oil cartel.
http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.aknews.com/ar/aknews/2&rurl=translate.google.com