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OIL PARLIAMENTARY REVEAL HOW EMBARRASSED THE KURDISTAN REGION OF BAGHDAD TO THE "OPEC"

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OIL PARLIAMENTARY REVEAL HOW EMBARRASSED THE KURDISTAN REGION OF BAGHDAD TO THE "OPEC" Empty OIL PARLIAMENTARY REVEAL HOW EMBARRASSED THE KURDISTAN REGION OF BAGHDAD TO THE "OPEC"

Post by rocky on Tue 23 Jul 2019, 7:01 am

OIL PARLIAMENTARY REVEAL HOW EMBARRASSED THE KURDISTAN REGION OF BAGHDAD TO THE "OPEC"
Tuesday, 23 July 2019 2:36 PM
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Baghdad / National Information Center (NNC)
A member of the Committee on oil and energy parliamentary Sadik al-Sulaiti, that the Kurdistan region embarrassed Iraq before the Organization of the World Organization of Petroleum Export increased.
Al-Sulaiti said in a statement to the National News Center (NNC) that "Iraq is a country that depends on its income on oil resources," noting that "the oil was priced in the budget of 2019 by $ 56, but during the past six months and because of the Iranian-American dispute, Revenue ".
He pointed out that "the budget during the six months has achieved positive results in terms of production and oil prices and fill the deficit," explaining that "the Organization of the World Petroleum Organization sets the export of oil and pointed to Iraq negative indicators by exceeding the exports allocated to him, which is about three million and 880 thousand barrels per day "He said.
Al-Sulaiti said that "the Kurdistan region and within the agreement must export 250 thousand barrels per day, but exports about 500 to 580 thousand barrels per day and this caused an increase in production on the Iraqi side and push to reduce the processing of oil from the south, which negatively affects the budget amounts because the region did not convert Money to the state treasury. "
He called al-Sulaiti, "the Prime Minister of the region to get the issue of utmost importance to implement the budget items and export 250 thousand barrels per day and send its revenues to the federal government because the wealth belongs to all Iraqis."


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