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[size=36]Kurdistan exported 600 thousand barrels .. And a committee talking about the loss of 13 billion dollars[/size]
Political | 08:45 - 09/07/2019
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Special - Mawazin News
The crisis of oil export of Kurdistan without the delivery of 250 thousand barrels per day to Baghdad, or even the delivery of funds obtained from the export of oil to the federal government, "list", between Baghdad and Erbil not a few years ago.
Despite the confirmation of the President of the new Kurdistan region, Nigervan Barzani, Saturday, 22 June last, the willingness of the region to deliver the agreed quantity of oil to Baghdad, that required the holding of talks to reach a solution satisfactory to the parties, despite resolving the issue in the federal budget for 2019, The House of Representatives.
The minister of oil, Thamer Ghadhban, has confirmed earlier, that the provincial government has not yet handed over what has been approved in the budget to hand over 250 thousand barrels per day to the Iraqi Oil Marketing Company (Somo), so that Sumo sell it and direct the proceeds to the budget.
Parliamentary Finance Committee suspends ..
A member of the parliamentary finance committee, Mahmoud Mullah Talal, confirmed that "the proceeds of the export of Kurdistan oil to the region without the delivery of oil to Baghdad, in which the legal forms and an explicit violation of the Federal Budget Law for the year 2019."
Talal said in an interview with Mawazin News that "the region is currently exporting more than 600 thousand barrels per day, which amounts to 13 billion dollars, and this amount is not easy and can not be left," pointing out that "the southern provinces and its advance Basra, which exports 90% of the total production of Iraq, does not even get 5% of the total value of its projects and entitlement.
He pointed out that "the province of Wasit is negotiating with the government on one billion and 100 million dollars," and wondered by saying: "How the region to issue oil and take the amounts and the rest of the provinces produce and export and not take the amounts?"
He explained that "Iraq exports about 4 million, for example, and from the total ratio (550 to 600 thousand barrels) outside the quota because the Kurdistan region issued and take amounts," noting that "Iraq can not complete the proportion of 4 million barrels because of Kurdistan and therefore issued The equivalent of 3 million and 400 thousand barrels, of Basra oil or Amara and Wasit. "
He stressed Mullah Talal, "Iraq will lose the rest of the proportion of the amounts because it does not receive from the region, in addition to another problem, which are producing companies, which must in this case to reduce production and thus will be affected amounts," noting that "in this case will be adversely affected by Iraq contracts licensing round States that the producing companies get their money regardless of the price of a barrel and the extraction of oil.
And that "their request to oblige the region to hand over the oil source in exchange for the disbursement of the budget of Kurdistan, does not mean our demand to cut the salaries of staff of the region, because these employees should not be victims of differences between the Kurdistan region and Baghdad.
Iraq
is the fifth largest producer and exporter of oil in the world, and the second largest producer in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia.
In a study released on April 25, 2019, the International Energy Agency (IEA) announced that Iraq was moving in the right direction to produce nearly six million barrels of crude oil a day by 2030, making it the world's third largest oil producer.
The report said Iraq's production in the next decade could increase by 1.3 million barrels per day to 5.9 million barrels per day, while exports could reach 4.4 million barrels per day.
"Iraq is one of the main pillars of the oil market in the coming years and will remain so," IATA president Fatih Berool told a news conference in Baghdad.
Birol said that optimism is due to increase Iraq 's oil production by 50% since 2012, despite thedecline in prices for years and the devastation caused by the invasion of the organization of theIslamic state and its control over nearly a third of Albulad.anthy 29
of: Hussein Nasser
The crisis of oil export of Kurdistan without the delivery of 250 thousand barrels per day to Baghdad, or even the delivery of funds obtained from the export of oil to the federal government, "list", between Baghdad and Erbil not a few years ago.
Despite the confirmation of the President of the new Kurdistan region, Nigervan Barzani, Saturday, 22 June last, the willingness of the region to deliver the agreed quantity of oil to Baghdad, that required the holding of talks to reach a solution satisfactory to the parties, despite resolving the issue in the federal budget for 2019, The House of Representatives.
The minister of oil, Thamer Ghadhban, has confirmed earlier, that the provincial government has not yet handed over what has been approved in the budget to hand over 250 thousand barrels per day to the Iraqi Oil Marketing Company (Somo), so that Sumo sell it and direct the proceeds to the budget.
Parliamentary Finance Committee suspends ..
A member of the parliamentary finance committee, Mahmoud Mullah Talal, confirmed that "the proceeds of the export of Kurdistan oil to the region without the delivery of oil to Baghdad, in which the legal forms and an explicit violation of the Federal Budget Law for the year 2019."
Talal said in an interview with Mawazin News that "the region is currently exporting more than 600 thousand barrels per day, which amounts to 13 billion dollars, and this amount is not easy and can not be left," pointing out that "the southern provinces and its advance Basra, which exports 90% of the total production of Iraq, does not even get 5% of the total value of its projects and entitlement.
He pointed out that "the province of Wasit is negotiating with the government on one billion and 100 million dollars," and wondered by saying: "How the region to issue oil and take the amounts and the rest of the provinces produce and export and not take the amounts?"
He explained that "Iraq exports about 4 million, for example, and from the total ratio (550 to 600 thousand barrels) outside the quota because the Kurdistan region issued and take amounts," noting that "Iraq can not complete the proportion of 4 million barrels because of Kurdistan and therefore issued The equivalent of 3 million and 400 thousand barrels, of Basra oil or Amara and Wasit. "
He stressed Mullah Talal, "Iraq will lose the rest of the proportion of the amounts because it does not receive from the region, in addition to another problem, which are producing companies, which must in this case to reduce production and thus will be affected amounts," noting that "in this case will be adversely affected by Iraq contracts licensing round States that the producing companies get their money regardless of the price of a barrel and the extraction of oil.
And that "their request to oblige the region to hand over the oil source in exchange for the disbursement of the budget of Kurdistan, does not mean our demand to cut the salaries of staff of the region, because these employees should not be victims of differences between the Kurdistan region and Baghdad.
Iraq
is the fifth largest producer and exporter of oil in the world, and the second largest producer in the Organization of Petroleum Exporting Countries (OPEC) after Saudi Arabia.
In a study released on April 25, 2019, the International Energy Agency (IEA) announced that Iraq was moving in the right direction to produce nearly six million barrels of crude oil a day by 2030, making it the world's third largest oil producer.
The report said Iraq's production in the next decade could increase by 1.3 million barrels per day to 5.9 million barrels per day, while exports could reach 4.4 million barrels per day.
"Iraq is one of the main pillars of the oil market in the coming years and will remain so," IATA president Fatih Berool told a news conference in Baghdad.
Birol said that optimism is due to increase Iraq 's oil production by 50% since 2012, despite thedecline in prices for years and the devastation caused by the invasion of the organization of theIslamic state and its control over nearly a third of Albulad.anthy 29
of: Hussein Nasser
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