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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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    The government: Resuming the region's oil exports after Eid and approving the budget before May

    Rocky
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    • Post n°1

    The government: Resuming the region's oil exports after Eid and approving the budget before May Empty The government: Resuming the region's oil exports after Eid and approving the budget before May

    Post by Rocky Thu 20 Apr 2023, 5:43 am

    The government: Resuming the region's oil exports after Eid and approving the budget before May
    • Time: 04/20/2023 01:17:10
       
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    {Politics: Al-Furat News} The government spokesman, Basem Al-Awadi, announced that "there is a great glimmer of hope" for resuming the export of Kurdistan's oil "after the Eid Al-Fitr holiday," noting that work is underway to resume oil export at "the earliest possible opportunity."
    Al-Awadi said, in a press statement, that the Prime Minister noted, during his dialogue with a number of TV channels, that the resumption of exporting the Kurdistan region's oil "could take place within days," adding that "the available information indicates that we are in the last moments (to resume export), and what It's just a technical procedure."
     
    She indicated that the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region are implementing the agreement of the federal government and the Kurdistan Regional Government, and "there are many technical procedures, including opening credits and accounts, correspondence with the Central Bank, and correspondence between the Ministries of Oil and Natural Resources, in addition to correspondence with companies that You buy oil."
     
    He pointed out that SOMO "could, within a very few days, send an official letter to the Turkish Republic, in order to pump oil again," explaining: "Based on what the Prime Minister prefers and the information available from the Ministry of Oil, we are talking about a few days that will be decided." through this file.
     
    He stressed that "the Iraqi government has a rush equal to the rush of the Kurdistan Regional Government to export oil. The Baghdad government has put the 400,000 barrels delivered by the Kurdistan Region as part of the Iraqi budget, and the more days these funds are delayed, the more damage there will be to Baghdad's budget and also to the rights of the Kurdistan Region." , stressing that the Iraqi government wants to "export oil today before tomorrow."
     
    Al-Awadi added that "conviction, hope, and readiness are present, and work is underway" to resume exporting Kurdistan Region's oil at "the earliest possible opportunity" through the Turkish port of Ceyhan.
     
    And he believed that even if there was a Turkish request for negotiation, "it is okay and it is a very encouraging factor, and it is possible for the three parties, Turkey, the Iraqi government and the delegation of the Kurdistan Region, to enter into negotiations and reach agreements," adding that "there are previous international agreements related to the issue of oil export, There are also bilateral agreements signed since 1973" between Iraq and Turkey.
     
    He pointed out that "some of these agreements were renewed in the eighties. Turkey also knows that this issue is sensitive, and it needs resources like Iraq, so I do not think there is any difficulty with regard to the Turkish side."
    He pointed out that "there is a very big glimmer of hope" for resuming the export of Kurdistan Region's oil "after the Eid al-Fitr holiday," noting that "the agreement is supposed to continue until the oil and gas law is passed, which is one of the important laws that was long overdue. He explained that" there is no
     
    need prior agreements after enacting the law,” stressing the commitment of Prime Minister Muhammad Shia al-Sudani to the agreements reached within the coalition of state administration between the three components, and his work for the “legislation of the oil and gas law.”
     
    Regarding the 400 billion loan to the Kurdistan Region, he explained that "the Council of Ministers agreed in its session on (April 18, 2023) to send a payment of about 200 billion dinars to the Kurdistan Region in order to provide assistance with regard to the salaries of the region's employees," indicating that it had arrived in the Kurdistan Region. "A technical issue that depends on the institutions."
     
    And he continued, "We know that the process of stopping oil exports harms the budget of the Kurdistan Region," noting that the Kurdistan Region "is part of Iraq and there are agreements for an alliance to administer the state," and "brotherhood that brings us together above the agreements," which calls for the development of "rational and balanced policies."
     
    Regarding the budget, Al-Awadi indicated that it could be approved "within 10 days, by the end of this month, and everything will proceed properly," adding that "the government will provide all facilities and assistance that enable the Kurdistan Region and its citizens to continue their normal lives," even if the approval of the budget is delayed further. So.
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