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Anger reveals new details about the oil agreement with Kurdistan

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Anger reveals new details about the oil agreement with Kurdistan Empty Anger reveals new details about the oil agreement with Kurdistan

Post by rocky on Thu 12 Dec 2019, 2:21 am

[size=36]Anger reveals new details about the oil agreement with Kurdistan[/size]

Political | 08:19 - 12/12/2019

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Baghdad - Mawazine News
, Oil Minister, Thamer Al-Ghadban, revealed on Thursday new details about the oil agreement with Kurdistan.
Deputy Al-Ghadban said, “The federal government and the regional government are serious about solving problems related to the oil file, and accordingly several visits have been made recently to the Kurdish negotiating delegation to resolve this file, the last of which was two visits and the focus of the conversation in them is the balance between them.”
He added, "The two sides defined the region's obligations towards the federal government and the budget, especially since the region's current production of crude oil reaches 450,000 barrels per day and most of it goes to export." Noting that the agreement was made that the production ceiling in the region be around 450,000 barrels Because that affects Iraq’s share in (OPEC). "
Al-Ghadban clarified that "OPEC deals with Iraq as a single political unit and does not differentiate between the region's oil and others. It is registered with them as Iraqi oil, and since OPEC and Iraq are keen on the balance of the market and the non-collapse of prices, its interest is to adhere to the agreed shares and cuts in production in order for the market to stabilize And away from fluctuations and the collapse of world prices. "
He stressed that "the agreement that was concluded between the federal government and the region stipulates that the latter, starting from 1/1 of next year, will hand over the federal government 250,000 barrels per day of crude oil produced there out of the 450,000 barrels produced daily there," noting that " The remaining amount of 200 thousand barrels per day was agreed to be used by the regional government to pay the companies' wages and their shares of the profit and what remains to be used to pay off their debts and salaries.
The Deputy Prime Minister for Energy Affairs stressed that "talking about production in the region of crude oil amounting to 650 thousand barrels per day is incorrect, as the Ministry has reviewed official reports audited by the company (Dolit), which is one of the international companies approved, in addition to access to The quarterly and quarterly official reports for the years 2017 and 2018 and the annual report for the year 2014 were compared to the numbers and their calculation was correct.
He stressed, "There is nothing wrong with that, and despite that, the government is dealing with a production that may reach 500 thousand barrels in the best of cases. With that, the ceiling has been established to be 450 thousand barrels per day."
On Iraq's production of crude oil and the volume of export, he revealed that "Iraq's crude production is currently four million and 500 thousand barrels per day, and the planned export volume is three million and 880 thousand barrels per day, including Muslim oil from the region of 250 thousand barrels per day," stressing "Iraq is committed to what is reached in (OPEC) and countries outside the organization by reducing the export dir to ensure the stability of world oil prices." Ended 29 / A 43


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Anger reveals new details about the oil agreement with Kurdistan Empty Anger reveals the details of the oil agreement with Kurdistan

Post by rocky on Thu 12 Dec 2019, 2:41 am

Anger reveals the details of the oil agreement with Kurdistan

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Economy News _ Baghdad
The federal government agreed with the Kurdistan region that the latter would hand over the company (SOMO) 250 thousand barrels per day of crude produced there as of 1/1 of next year, and while the Ministry of Oil announced that Iraq's oil production is currently four million and 500 thousand barrels per day, it confirmed The planned export volume is three million and 880 thousand barrels, including Muslim women from the region.
Deputy Prime Minister for Energy and Oil Minister Thamer Al-Ghadhban said in an interview with the official "Al-Sabah" newspaper, which was followed by "Al-Iqtisad News", that the federal government and the regional government are serious about solving problems related to the oil file between the center and the region, and therefore several visits were made recently to the Kurdish delegation negotiating to resolve this file, it was The last two visits in which the discussion focused on the federal budget and its work mechanisms and how to calculate the region's share. He added that "the two sides set the region's obligations towards the federal government and the budget, especially since the region's current production of crude oil reaches 450 thousand barrels per day and most of it goes Li export, noting that the agreement was to be on the roof of production in the region up to 450 thousand barrels because it affects Iraq's share in the (OPEC). "
Al-Ghadban affirmed that "the agreement concluded between the federal government and the region requires that the latter, starting from 1/1 of next year, hand over the federal government 250,000 barrels per day of crude oil produced out of the 450,000 barrels per day produced there."
 

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Anger reveals new details about the oil agreement with Kurdistan Empty Re: Anger reveals new details about the oil agreement with Kurdistan

Post by rocky on Thu 12 Dec 2019, 2:49 am

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12/12/2019 22:48:42

Shafaq News / The federal government agreed with the Kurdistan Region that the latter will hand over the company (Sumo) 250 thousand barrels per day of crude produced there as of 1/1 of next year, and while the Ministry of Oil announced that Iraq's oil production is currently four million and 500 thousand barrels Daily, I confirmed that the planned export volume is three million and 880 thousand barrels, including Muslim women from the region.
The Deputy Prime Minister for Energy and Minister of Oil, Thamer Al-Ghadban, said in a statement carried by the semi-official newspaper "Al-Sabah" in its issue issued today, Thursday. The federal government and the regional government are serious about solving the problems related to the oil file between the center and the region, and accordingly recently several visits were made to the Kurdish delegation negotiating to resolve this file, the last of which was two visits focusing on the federal budget and its working mechanisms and how to calculate the region's share.
He added that the two sides set the region's obligations towards the federal government and the budget, especially that the region’s current production of crude oil reaches 450 thousand barrels per day and most of it goes to export, noting that the agreement was made that the production ceiling in the region be around 450 thousand barrels because that affects Iraq’s share in (OPEC). 
Al-Ghadban stressed that the agreement concluded between the federal government and the region stipulates that the latter, starting from 1/1 of next year, hand over the federal government 250,000 barrels per day of crude oil produced out of the 450,000 barrels per day produced there. 
On the other hand, the Finance Committee in the House of Representatives repeated that Iraq will enter in 2020 a "temporary budget", due to the delay in its transmission by the current caretaker government because of a procedural legal problem, indicating that this situation is similar to what happened in the past year, before the formation of the Prime Minister Adel Abdul Mahdi.
Committee member Dr. Ahmed Al-Saffar said, "It was hoped that the budget will be sent to Parliament last Thursday, but we were surprised by the Prime Minister's apology for sending it because there is no authority to send any draft law to Parliament, including the budget, because his government is now a caretaker government." He added, "The House of Representatives inquired about that and it appeared that the Prime Minister could send important bills to the parliament in the first week of the caretaker government, stressing that" the parliament in turn cannot read and discuss the budget and vote on it if it is sent during the current December. Al-Saffar, that Iraq will be forced to The adoption of the (temporary budget) acted monthly salaries, and only operational budget, with the exception of the investment budget and exchange contracts and functional grades until the vote on the budget 2020 ". Member of Parliament Bahar Mahmoud showed that "


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Anger reveals new details about the oil agreement with Kurdistan Empty Al-Ghadban: The region will deliver 250 thousand barrels per day to Baghdad starting next year

Post by rocky on Thu 12 Dec 2019, 3:21 am

[size=35][size=35]Al-Ghadban: The region will deliver 250 thousand barrels per day to Baghdad starting next year[/size]
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Economie

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2019-12-12 | 02:34
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[/size]


The 2019 budget stipulated that the percentage of the [You must be registered and logged in to see this link.]  in the 2019 fiscal budget is 12.67%, provided that the region is obliged to pay 250,000 barrels of oil per day.

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Anger reveals new details about the oil agreement with Kurdistan Empty The oil minister reveals details of the agreement with the region and the current production of Iraq

Post by rocky on Thu 12 Dec 2019, 4:05 am

[rtl]

The oil minister reveals details of the agreement with the region and the current production of Iraq

[/rtl]
[rtl]Editing Date: 12/12/2019 9:10 • 270 times read[/rtl]
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[rtl]
(Baghdad: Al Furat News): The Minister of Oil, Thamer Al-Ghadban, confirmed the agreement of the Federal Government with the Kurdistan Region that the latter hand over the company (Sumo) 250 thousand barrels per day of crude produced there as of 01/01/2020.
Al-Ghadban said in a press statement, "The federal government and the provincial government are serious about solving the problems related to the oil file between the center and the region. Accordingly, several visits were made to the Kurdish negotiating delegation to resolve this file, the last two of which were focused on the federal budget and how it works.
" The two sides have defined the region's obligations towards the federal government and the budget, especially since the region's current production of crude oil reaches 450,000 barrels per day, and most of it is B to the export, noting that it was agreed that the production ceiling in the region should be around 450 thousand barrels, as this affects the share of Iraq in (OPEC).
And the anger confirmed that the agreement that was concluded between the federal government and the region requires that the latter, starting from 1/1 of next year, hand over the federal government 250,000 barrels per day of crude oil produced out of the amount produced there amounting to 450,000 barrels per day, "indicating that the remaining amount The amount of 200 thousand barrels per day was agreed to be used by the regional government to pay the companies' wages and their shares of the profit and what remains to be used to pay their debts and salaries.
The Deputy Prime Minister for Energy Affairs stressed that talking about production in the region of crude oil amounting to 650,000 barrels per day is incorrect, as the Ministry has reviewed official reports audited by the company (Dolit), which is one of the international companies approved, in addition to access to official reports The quarterly and for every three months of 2017 and 2018 and on the annual report for the year 2014 and the numbers were compared and calculated and they were correct, stressing that there is nothing wrong with that, and despite that, the government deals with a production of a maximum of 500 million barrels per year. K was installed to be the ceiling 450 thousand barrels per day.
On Iraq's production of crude oil and the volume of exports, Al-Ghadban revealed that Iraq’s crude production is currently four million and 500 thousand barrels per day, and the planned export volume is three million and 880 thousand barrels per day, including Muslim oil from the region of 250 thousand barrels per day, stressing that Iraq is committed to what is reached in (OPEC) and countries outside the organization by reducing exports to ensure stable global oil prices. "


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