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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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A parliamentarian reveals the region's imports from selling oil independently during February

rocky
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A parliamentarian reveals the region's imports from selling oil independently during February Empty A parliamentarian reveals the region's imports from selling oil independently during February

Post by rocky Thu 03 Mar 2022, 6:09 am

[size=30]A parliamentarian reveals the region's imports from selling oil independently during February
[ltr]2022.03.03 - 11:05[/ltr]
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On Thursday, the Energy Committee of the Kurdistan Parliament revealed the region's imports from selling oil independently during the month of February.  
  
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The head of the committee, Ali Hama Saleh, said in a statement to "Nas Kord" (March 3, 2022), that "the treasury of the Kurdistan region obtained 350 million dollars from selling oil during the month of February at a price of 28 dollars per barrel, after excluding production and transportation costs."  
  
He added, "The low price of Kurdish oil coincides with the sale of Kirkuk oil through the region's pipelines at a price of $96 per barrel."  
  
Saleh based his guesses on the data of the Kurdish "Ronpin" organization concerned with the transparency of the oil and gas sectors, which revealed that the Kurdistan region's oil exports in February exceeded 12 million and 443 thousand barrels at a rate of 444 thousand and 424 barrels per day through the Turkish port of Ceyhan.  
  
Previous reports by Deloitte International had revealed that "about two-thirds of the region's oil imports go to the costs of production, transportation, local and foreign companies, debt repayment, in addition to Turkey's dues through which the oil pipeline passes," before the regional government announced production and transportation costs to about 60%.   
  
The employees of the region have been suffering from the delay in the payment of salaries since 2014, and the government of the region has compulsorily saved a large part of their salaries during the years of the war against ISIS.  
  
The Federal Court ruled, earlier, the unconstitutionality of the oil and gas law in the Kurdistan Regional Government.  
  
And the judiciary's media stated in a statement received by "Nass" a copy of it, (February 15, 2022), that "the Federal Court issues a ruling that the oil and gas law in the Kurdistan Regional Government is unconstitutional."     
  
He added that "the federal government obligated the region to enable the Ministry of Oil and the Federal Office of Financial Supervision to follow up on the conclusion of contracts for the sale of oil and gas in the region."     
  
The federal government also obligated "the regional government to hand over to the federal government, represented by the Federal Ministry of Oil."     
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    Current date/time is Thu 08 Dec 2022, 8:25 am