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Kirkuk: sale of oil tankers preservation process through Iran unsuccessful



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Kirkuk: sale of oil tankers preservation process through Iran unsuccessful

Post by rocky on Tue 30 Aug 2016, 6:17 am

Kirkuk: sale of oil tankers preservation process through Iran unsuccessful

Monday 29-08-2016 | 7:33:15

M m r / d p
Twilight News / saw in the oil and gas in the Kirkuk provincial council member, said on Monday that the rumors of the possible sale of the Kirkuk oil through export tankers to Iran is just for the consumption of the media as a pressure on the region, pointing out such an operation losses greater than their benefits will not be successful .
The committee member said Fuad Hussein, in a press statement seen by Twilight News, some say the possibility of exporting Kirkuk oil to Iran by tanks and sell it there, adding that it is still just hearsay and is only for media consumption.
He said he believes that this is just a sheet pressure on the Kurdistan Regional Government in order to reach an agreement, likely to the possibility of reaching an agreement this time, which is in the best interest of both parties.
He said Hussein, said the transfer of oil from one country to another is not an easy process, even through the pipeline because its expenses extravagant, how if they cross the tanks, in addition to the amount of oil exported will be unknown and cause death and destroy the streets and their cost is high and fewer resources, as well as caused by the problems of traffic.
Hussein also said that it is necessary to include any agreement on the Kirkuk oil conservative to be part of it, stressing that if the export by tanker according to any deal, the province will not approve it and will have its own stand.
The Iraqi government is considering the sale of oil through Iran in case talks with the Kurds on oil revenue sharing agreement failed, according to a senior official at the Iraqi Ministry of Oil.
The deputy oil minister, Fayyad grace, first on Saturday in a press statement, said that the Iraqi government oil marketing organization (SOMO) is planning to hold talks with the Kurdistan Regional Government next week on Iraqi oil exported via Turkey.
He explained, "If you do not reach an agreement with the Kurdistan Regional Government will begin to find a way for the sale of oil because we need money, either to Iran or other countries."
Iraq relies's second-biggest producer in OPEC after Saudi Arabia, the oil sales by 95 percent of public revenue, while the Iraqi economy reeling under the double impact of lower oil prices and the war against al Daesh.
In this context, the Kurdistan Region of Iraq produces about 500 thousand barrels per day and exports of these quantities through Turkey, while Baghdad would not be able to redirect those quantities to Iran but to issue about 150 thousand barrels per day through Iran, which are produced in the neighboring province of Kirkuk could.

    Current date/time is Thu 08 Dec 2016, 9:50 pm