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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

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    A delegation from the region visits Baghdad.. The oil file is a top priority

    Rocky
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    A delegation from the region visits Baghdad.. The oil file is a top priority Empty A delegation from the region visits Baghdad.. The oil file is a top priority

    Post by Rocky Tue 28 Mar 2023, 4:28 am

    A delegation from the region visits Baghdad.. The oil file is a top priority

    [You must be registered and logged in to see this link.] |Today, 11:59
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    Baghdad today - Erbil
    Today, Tuesday, a high-ranking delegation from the Kurdistan Regional Government arrives in the Iraqi capital, Baghdad, in order to complete negotiations on the oil file between the two parties.
    The leader of the Kurdistan Democratic Party, Wafaa Muhammad Karim, told (Baghdad Today) that "a high-level delegation from the regional government will arrive in Baghdad in the coming hours in order to complete negotiations on the oil file, as well as a draft oil and gas law that is hoped to be legislated during the next stage."
    Karim said, "The region's delegation will discuss with officials in Baghdad the decision issued by the Paris court regarding the export of oil through the port of Ceyhan."
    He pointed out, "There is an agreement on the issue of oil export between Baghdad and Erbil, and this decision will not have any impact on the developing relationship between the region and the center."
    Earlier, the Ministry of Oil announced that it had won a lawsuit it had filed against Turkey regarding allowing the region's oil to be exported through Turkish territory.
    The ministry stated, in a statement received by (Baghdad Today), that "the final decision regarding the export of oil to Turkey was issued in favor of Iraq by the Arbitral Tribunal of the International Chamber of Commerce in Paris last Thursday, March 23, 2023."
    She added, "The arbitration case filed by the Republic of Iraq against the Republic of Turkey for violating the provisions of the Iraqi-Turkish pipeline agreement signed in 1973, which stipulates that the Turkish government must comply with the instructions of the Iraqi side regarding the movement of crude oil exported from Iraq to all storage and disposal centers and the final station." ".
    The ministry expressed, according to the statement, "its appreciation for the efforts of the arbitral tribunal of the International Chamber of Commerce in Paris for its professional and professional handling of the lawsuit filed by Iraq, by providing the opportunity and time for the two parties to defend their positions, especially since the decision requires all parties to respect international agreements and covenants in this regard." And that the Ministry of Oil, through the Iraqi Oil Marketing Company "SOMO", is the only entity authorized to manage export operations through the Turkish port of Ceyhan.
    And she stressed that "the arbitral tribunal's decision does not constitute an obstacle to the development and expansion of bilateral relations between Iraq and Turkey, in a way that achieves common interests while Iraq retains its constitutional powers and sovereignty over all its wealth." 
    And the ministry added, "It will discuss mechanisms for exporting Iraqi oil through the Turkish port of Ceyhan with the concerned authorities in the region and with the Turkish authorities, according to new data after the issuance of the final ruling by the Paris Arbitral Tribunal, in a manner that guarantees the continuation of oil exports, and the fulfillment of SOMO's obligations with International companies through the port of Ceyhan, in the interest of the ministry to export the full quantities allocated from all oil fields, including the region, with the aim of maximizing financial revenues, to supplement the federal budget.
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