Oil expert: An international resolution will support Baghdad in controlling the region's oil next Ju

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[size=52]Oil expert: An international resolution will support Baghdad in controlling the region's oil next July[/size]

 The oil expert, Nabil Al-Marsoumi, revealed a decision by the International Commercial Court that will support Baghdad in controlling the oil of the Kurdistan region next July.
[size=45]Al Marsoumi said; For the “Unannounced” program broadcast by Al-Furat satellite channel on Sunday evening, that: “The Kurdistan Regional Government’s objection to the interpretation of the Federal Court in the joint management of the oil file, and the region has signed contracts since 2002 for the exploitation of energy fields and some northern oil fields, including in Bay Hassan, which is from The dawn of the dispute with the center.”
He added, "The oil and gas law of the region legislated that oil exports must be delivered to the center, and the Federal Court's decision regarding the region's oil obligates the Federal Oil Ministry to take measures, including freezing the region's financial balances in international banks."
Al-Marsoumi referred to "the decision of the International Commercial Court, which will issue a ruling next July, and we believe it will be in the interest of the center."
And he continued, "The decision of the Federal Court to hold matters between Baghdad and Erbil, meaning if the ministry does not take a decision, things will remain unresolved, and I imagine the region technically unable to deliver Baghdad one barrel because of the partnership contracts subject to the management of foreign companies."
Al-Marsoumi went on to say, “The share of the Kurdistan region is less than half, and the share of foreign companies is up to 54%,” adding, “Israel imports from Kurdistan 62,000 barrels of oil per day, according to international reports, directly, and it is a fact.
He stressed that "there is no solution but to have a joint administration of the oil fields in the region, as well as the gas fields. It is shameful for Iraq to import gas and the region to export it."
Al-Marsoumi added, “The gas file is one of the most dangerous energy files, and we are afraid that the Kurdistan region will enter security, and if gas enters Turkey and compete with Iranian gas in the Turkish market, there will be security risks, and the region has to think well about this security and integration with Baghdad, because the issue concerns Iraqi national security before economic security.”
And the oil expert concluded, “Baghdad has very effective means of pressure on the region, including in the event of winning a lawsuit to prevent Turkey from using the oil tanker line to Kurdistan by the International Commercial Court in July, then there is no outlet for it to export.”[/size]
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