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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Parliamentary Committee: Türkiye is putting obstacles in the way of exporting oil through its territ

    Rocky
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    Parliamentary Committee: Türkiye is putting obstacles in the way of exporting oil through its territ Empty Parliamentary Committee: Türkiye is putting obstacles in the way of exporting oil through its territ

    Post by Rocky Mon 04 Sep 2023, 4:35 am

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    [size=52]Parliamentary Committee: Türkiye is putting obstacles in the way of exporting oil through its territory[/size]

    [size=45]Yesterday, Sunday, a specialized parliamentary committee reported that Turkey is putting obstacles to delay the export of Iraqi oil through its territory, pointing out that the current exports go to Jordan and the rest of the production is distributed to the local markets.[/size]
    [size=45]This comes at a time when a specialist in oil affairs revealed that delaying exports to Turkey costs Iraq $11 million per day.[/size]
    [size=45]A member of the Parliamentary Oil, Gas and Natural Resources Committee, Kazem Al-Tooki, said, "Turkey is practicing an unfair policy towards Iraq in terms of its continuation of military operations and bombing on Iraqi lands, as well as cutting off water and drying up rivers unjustifiably."[/size]
    [size=45]Al-Touki added, "Turkey is pressuring the Iraqi side in order to stand against the parties opposing it in the Kurdistan region of Iraq, and it is practicing some methods related to the water file as well as oil in order to implement its demands and achieve its goals."[/size]
    [size=45]And he indicated that "the suspension of oil exports towards Turkish lands and the port of Ceyhan prompted the Iraqi government to search for other alternatives to extract this oil."[/size]
    [size=45]Al-Touki pointed out, “Amounts of Iraqi oil are directed to Jordan, and the rest of it goes to internal refineries.”[/size]
    [size=45]In turn, committee member Subhi Sabah said, “The Turkish delegation’s visit to Iraq included a paper of basic conditions for negotiating the resumption of Iraqi oil through the Turkish port of Ceyhan, especially after the International Court’s decision to fine Turkey one billion and 400 million dollars for its contribution to selling oil outside the (SOMO) company.” .[/size]
    [size=45]Sabah added, “The paper presented by the Turkish side included 6 basic conditions, on top of which are the costs of transporting a barrel of oil from the Kurdistan region in pipelines, which is estimated at $13 per barrel, in addition to withdrawing the invitation submitted to the International Arbitration Court, which included compensation from the Turkish side to Iraq since 2018 to 2020.” He pointed out, to "other conditions, including the dues of the Turkish oil company, which amount to 7 dollars per barrel, in addition to claiming their entitlement in exchange for the oil agreement between the region and Turkey itself, provided that these ideas are discussed at the negotiating table between the Turkish and Iraqi sides regarding the resumption of oil pumping."[/size]
    [size=45]On a related note, economic expert Abdul Rahman al-Mashhadani said, "Iraq is supposed to export from Basra 3 million and 50 thousand barrels per day."[/size]
    [size=45]Al-Mashhadani added, in televised statements, that "Iraq loses 11 million dollars a day due to the failure to export oil through Turkish territory, and the amounts amount to 357 million dollars a month."[/size]
    [size=45]He pointed out, “These losses are based on what we calculated that the sale is according to the official price of $70 a barrel,” noting that according to “the OPEC Plus agreement, Iraq exports 3,500,000 barrels per day.”[/size]
    [size=45]Al-Mashhadani said, "Iraq exports 3,330,000 barrels from Basra, and this means that we are facing a deficit of about 170,000 barrels per day, and this is caused by cutting off the oil exported from the Kurdistan region through Turkish territory."[/size]
    [size=45]And he stressed, "The agreement, which was included in the tripartite budget law, is supposed from the Kurdistan region, and as a result of the interruption of oil exports through Turkish territory, to hand over its oil to the federal government."[/size]
    [size=45]Al-Mashhadani went on to say, "This oil is specifically delivered to the National Marketing Company (SOMO) to redistribute it to Iraqi refineries, while Basra and the rest of the southern provinces make up for this shortage."[/size]
    [size=45]Oil Minister Hayan Abdul Ghani visited Turkey a few days ago to discuss the resumption of Iraqi oil exports.[/size]
    [size=45]A statement from the Ministry of Oil at the time stated that “Abdul-Ghani met in Ankara with the Turkish Minister of Energy and Natural Resources, Alp Arslan Bayraktar,” noting that “the two sides discussed a number of bilateral and regional issues of common concern.”[/size]
    [size=45]The statement added, "The two sides stressed the importance of the crude oil pipeline between Iraq and Turkey, and the resumption of crude oil flows, after the completion of the necessary rehabilitation and examination processes that are required to be implemented after the earthquake incident on February 6, 2023."[/size]
    [size=45]He pointed out, "the emphasis of the two sides on enhancing prospects for joint cooperation in the fields of energy, oil and gas, electrical interconnection and renewable energy."[/size]
    [size=45]Turkey had stopped exporting oil produced by the Kurdistan region through the Turkish port of Ceyhan abroad, on March 25, after a decision issued by the International Arbitration Tribunal in Paris, obliging Turkey to stop exporting the region's oil, based on a lawsuit filed by Iraq.[/size]
    [size=45]Last April, Baghdad and Erbil signed a new agreement to re-export oil from the Kurdistan region abroad, but the agreement has not yet entered into force, at a time when Turkey is currently examining and rehabilitating port pipelines that may have been damaged after the earthquake last February.[/size]
    [size=45]Article 13 of the Iraqi federal budget stipulates obligating the Kurdistan region to deliver at least 400,000 barrels of crude oil on a daily basis to the Iraqi state company “SOMO” for export through the port of Ceyhan, or for use locally.[/size]
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