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Neno's Place Established in 2006 as a Community of Reality


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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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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Negotiations for choosing the two presidencies postponed until after Eid, and the oil dispute puts p

    Rocky
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    Posts : 280306
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    • Post n°1

    Negotiations for choosing the two presidencies postponed until after Eid, and the oil dispute puts p Empty Negotiations for choosing the two presidencies postponed until after Eid, and the oil dispute puts p

    Post by Rocky Fri 08 Jul 2022, 4:57 am

    POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]

    [size=52]Negotiations for choosing the two presidencies postponed until after Eid, and the oil dispute puts pressure on the Kurdish axis[/size]

    [size=45][You must be registered and logged in to see this image.][/size]
    [size=45]Erbil - Baghdad - Abdul Hussein Ghazal[/size]
    [size=45]The political forces postponed their negotiations until after the Eid regarding the new Iraqi government and the appointment of the two presidencies, as it seemed New differences surround the path between Erbil and Baghdad in this regard. Where[/size]
    [size=45]On Wednesday, the Kurdistan Regional Government of Iraq condemned the “unfair pressure” that it considered the Federal Oil Ministry It is practicing it against it, days after a judicial decision that invalidated the contracts of oil companies with the region that enjoys subjectively.[/size]
    [size=45]Informed sources expected that the oil dispute would be an obstacle to the political rapprochement of the Kurdistan Democratic Party with the framework The Shiite coordination after he left the alliance with Al-Sadr, who resigned from the entire political process.[/size]
    [size=45]On Monday, a commercial court in Baghdad, following a lawsuit filed by the Iraqi Oil Ministry, annulled contracts signed between the Iraqi government. Territory and Canadian, British, American and Norwegian companies.[/size]
    [size=45]This decision is a new chapter in the conflict between the region and Baghdad over how to manage the oil file. And last February, the Federal Supreme Court obligated the region to hand over all the oil produced on its territory to the government Federal, granting it the right to review all oil contracts in the region and thus invalidate them.[/size]
    [size=45]Baghdad has since been trying to implement this decision, which is opposed by the Kurdistan region, which wants to maintain independence in the Gaza Strip energy[/size]
    [size=45]During a meeting on Wednesday, the Kurdistan Regional Council of Ministers reviewed “the constitutional, judicial and legal steps related to the Kurdistan Regional Government.” against the unjust and unconstitutional pressures exerted by the Iraqi Federal Oil Ministry,” according to a statement. The statement added that the council stressed “not to waive the constitutional rights and entitlements of the people of the Kurdistan region.” in any way.”[/size]
    [size=45]A senior official in the oil sector in Baghdad told AFP that the canceled contracts are for Western Zagros Canada , DNO of Norway , HKN Energy , which is also located in Texas, and Genel, which has a presence in the stock exchange in London.[/size]
    [size=45]The source, who preferred not to be identified, explained that “the Commercial Court invalidates all contracts concluded that the It does not comply with the decision of the Federal Court.[/size]
    [size=45]He pointed out that the government had filed lawsuits against seven companies in total, operating in the Kurdistan region, as well as by right The current and former Minister of Natural Resources in the region, in the context of this file.[/size]
    [size=45]In this context, Schlumberger , Baker Hughes and Halliburton announced that they will not provide On new projects in the Kurdistan region in compliance with the decision of the Federal Court,” according to a statement by the Iraqi Oil Ministry on Monday .[/size]
    [size=45]The statement added that the companies "are now in the process of liquidating and closing existing tenders and contracts."[/size]
    [size=45]For its part, the region demands to negotiate a solution with the federal government regarding this file and has filed two lawsuits One of them is against the oil minister.[/size]
    [size=45]Iraq has enormous oil resources, representing 90 % of its revenues, but the oil file often constitutes a source Because of the tension between the Kurdistan Regional Government and the federal government, in June, Iraq exported more than 101 million barrels of oil, with revenues amounting to 11.5 billion dollars, according to preliminary government figures .[/size]
    [size=45]The Kurdistan region produces more than 400,000 barrels per day.[/size]
    [size=45][You must be registered and logged in to see this link.][/size]
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