Related article ~ *** Iraq pays Kurd Oil Contractors for the first time May 8, 2011
Breakthrough in the oil crisis between Baghdad and Erbil
In a step considered a breakthrough marked the problem of oil relationship between the federal government and the Kurdistan Regional Government, declared a source in the Prime Minister's Office in the region, Barham Salih, the Iraqi government awarded $ 243 million for oil companies operating in the oil sector in Kurdistan, to compensate them for expenses that have already been stopped and the Iraqi Oil Ministry and insisted on the territorial Government to enable the disbursement of those companies to continue their activities in the Region.
The Iraqi Oil Ministry under its minister, Hussein Shahristani, has consistently refused to exchange shares of those companies, and repeatedly threatened to inclusion on the blacklist of Iraq, to withhold recognition of contract oil signed by the Government of the Territory for more than five years under the pretext of non-issuance of oil and gas law of the Iraqi Parliament even Now.
According to the source in the Office of Barham Saleh, who requested anonymity, he said in a statement «Middle East», the Ministry of Natural Resources of the Government of the Region was able to since the month of February (February) the past to export five million barrels of oil by 135 thousand barrels per day, and that the amount that was cashed for the companies, a $ 243 million is half of oil revenues derived from oil export Kurdistan since that period. The source expected to exceed the ceiling Bkordstan oil production is about 200 thousand barrels per day within the end of this year.
He added that «the disbursement of these funds is considered a historic step task and a great achievement for the development of the oil sector Bkordstan, because it will open the way for the flow of expertise and technology of oil developed to Kurdistan after long years of hesitation most international companies to enter Kurdistan to work the oil sector as a result of the positions of the Iraqi government, and therefore release disbursement of compensation, which was strenuous efforts made by the Prime Minister Barham Saleh during his meetings with various Iraqi leaders will shift in the field of oil production in Kurdistan, and will provide significant revenues to the treasury of Iraq, as well as benefit cities in the region from the allocations of petrodollars, which in turn will contribute to the recovery of the economic situation Territory ».
Was valid, the President of the Government of Kurdistan, said in a statement moved his site that he had received a formal letter from the Iraqi Ministry of Finance confirms that has been disbursed first meal of the amounts of Iraqi oil exports to companies that signed contracts with the Government of the region. As pointed out Minister of Natural Resources Government of the Territory drastically that «the launch of the disbursement of funds will increase the confidence of global companies in the oil policy of the Territory, and will support the Ministry's efforts in raising the ceiling of oil production to 200 thousand barrels per day will be issued across the lines carrier in Turkey».
Al-Maliki said in February, told the French press approval of the central government in Baghdad on oil contracts signed by the Kurdistan Regional Government with foreign companies. And stop the export of Kurdistan in mid-October (October 2009) following sharp differences with Baghdad, which refused to recognize contracts signed by the local government with foreign companies.
In May (May) last year, Oil Minister Hussain al-Shahristani at the time an agreement between Baghdad and Arbil, provides for the receipt of a marketing company affiliated to the ministry (SOMO) of proceeds of sale from the wells of Kurdistan, to take over for Baghdad to pay the expenses of drilling for oil in this region.
Works and the Iraqi Oil Ministry to increase the quantities of oil to three million barrels per day (about two and a half million barrels at present), note that the oil is 94 per cent of Iraq's revenues in hard currency.
http://www.kurdiu.org/ar/hawal/index.php?pageid=72497
In a step considered a breakthrough marked the problem of oil relationship between the federal government and the Kurdistan Regional Government, declared a source in the Prime Minister's Office in the region, Barham Salih, the Iraqi government awarded $ 243 million for oil companies operating in the oil sector in Kurdistan, to compensate them for expenses that have already been stopped and the Iraqi Oil Ministry and insisted on the territorial Government to enable the disbursement of those companies to continue their activities in the Region.
The Iraqi Oil Ministry under its minister, Hussein Shahristani, has consistently refused to exchange shares of those companies, and repeatedly threatened to inclusion on the blacklist of Iraq, to withhold recognition of contract oil signed by the Government of the Territory for more than five years under the pretext of non-issuance of oil and gas law of the Iraqi Parliament even Now.
According to the source in the Office of Barham Saleh, who requested anonymity, he said in a statement «Middle East», the Ministry of Natural Resources of the Government of the Region was able to since the month of February (February) the past to export five million barrels of oil by 135 thousand barrels per day, and that the amount that was cashed for the companies, a $ 243 million is half of oil revenues derived from oil export Kurdistan since that period. The source expected to exceed the ceiling Bkordstan oil production is about 200 thousand barrels per day within the end of this year.
He added that «the disbursement of these funds is considered a historic step task and a great achievement for the development of the oil sector Bkordstan, because it will open the way for the flow of expertise and technology of oil developed to Kurdistan after long years of hesitation most international companies to enter Kurdistan to work the oil sector as a result of the positions of the Iraqi government, and therefore release disbursement of compensation, which was strenuous efforts made by the Prime Minister Barham Saleh during his meetings with various Iraqi leaders will shift in the field of oil production in Kurdistan, and will provide significant revenues to the treasury of Iraq, as well as benefit cities in the region from the allocations of petrodollars, which in turn will contribute to the recovery of the economic situation Territory ».
Was valid, the President of the Government of Kurdistan, said in a statement moved his site that he had received a formal letter from the Iraqi Ministry of Finance confirms that has been disbursed first meal of the amounts of Iraqi oil exports to companies that signed contracts with the Government of the region. As pointed out Minister of Natural Resources Government of the Territory drastically that «the launch of the disbursement of funds will increase the confidence of global companies in the oil policy of the Territory, and will support the Ministry's efforts in raising the ceiling of oil production to 200 thousand barrels per day will be issued across the lines carrier in Turkey».
Al-Maliki said in February, told the French press approval of the central government in Baghdad on oil contracts signed by the Kurdistan Regional Government with foreign companies. And stop the export of Kurdistan in mid-October (October 2009) following sharp differences with Baghdad, which refused to recognize contracts signed by the local government with foreign companies.
In May (May) last year, Oil Minister Hussain al-Shahristani at the time an agreement between Baghdad and Arbil, provides for the receipt of a marketing company affiliated to the ministry (SOMO) of proceeds of sale from the wells of Kurdistan, to take over for Baghdad to pay the expenses of drilling for oil in this region.
Works and the Iraqi Oil Ministry to increase the quantities of oil to three million barrels per day (about two and a half million barrels at present), note that the oil is 94 per cent of Iraq's revenues in hard currency.
http://www.kurdiu.org/ar/hawal/index.php?pageid=72497
