"Missing since 2022".. Oil expert: Kurdistan's oil revenues were not recorded in the treasury
[You must be registered and logged in to see this link.] |Today
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.] |Today
[You must be registered and logged in to see this image.]
+A
-A
Baghdad today - Kurdistan
Today, Thursday (August 3, 2023), the expert on oil affairs, Bahjat Ahmed, revealed that the Kurdistan Regional Government has allocated 4 million barrels to local refineries to sell them at subsidized prices, while noting that Kurdistan's oil revenues were not recorded in the treasury.
"Massive" local production
Ahmed said, "The government in the region produces oil derivatives through local refineries and sells them to the citizen, but the revenues obtained from selling the derivatives are not yet known where they go," noting that "3 million liters of local fuel are produced daily."
He added, "The regional government allocated more than 4 million barrels of oil only in the first quarter of the year to local refineries for the purpose of distributing derivatives to the provinces of Kurdistan at subsidized prices."
"missing" revenue
And the oil expert confirmed, in a statement to "Baghdad Today", that "the revenues of oil derivatives have been missing since 2022 until the first half of 2023, and the revenues from the sale of oil derivatives have not been entered into the treasury of the Kurdistan region."
In numbers, the value of the region's oil exports
Earlier, Deloitte revealed that the value of oil exports to the Kurdistan region during the first quarter of this year 2023 exceeded two billion dollars.
According to the data issued by the company recently, which included the quantities of production, export and domestic consumption, the total oil production during the aforementioned period amounted to 36 million 723 thousand 475 barrels, and exports amounted to 32 million 307 thousand 382 barrels, while the amount allocated to refineries amounted to 4 million 39 thousand And 232 barrels, and the amount of domestic sales amounted to 376 thousand and 861 barrels.
The company's data indicated that the total oil revenues in the Kurdistan region amounted during the first quarter of this year to 2 billion 199 million 684 thousand 396 dollars, noting that the average price of a barrel of oil amounted to 67.639 dollars, including the revenues of oil sold in the local markets amounting to 22 million dollars. And 98 thousand and 456 dollars, at an average price of 58.638 dollars per barrel.
According to the company's data, the costs of oil production in the first quarter of this year amounted to one billion and 253 million and 187 thousand and 254 dollars, while the net revenues of the government, which were allocated to pay the salaries of employees, amounted to 946 million and 497 thousand and 142 dollars.
[You must be registered and logged in to see this link.]
Today at 4:46 am by Rocky
» Al-Sudani: We have accomplished a step that is the most prominent in the framework of planning, deve
Today at 4:44 am by Rocky
» Justice discusses modern mechanisms to develop investment in real estate and minors’ money
Today at 4:43 am by Rocky
» Dubai to host Arabplast exhibition next month
Today at 4:41 am by Rocky
» Al-Tamimi: Integrity plays a major role in establishing the foundations of laws that will uphold jus
Today at 4:39 am by Rocky
» Reaching the most important people involved in the "theft of the century" in Diyala
Today at 4:38 am by Rocky
» Transportation: Completion of excavation works and connection of the immersed tunnel manufacturing b
Today at 4:36 am by Rocky
» Between internal and regional challenges... Formation of the Kurdistan government on a "slow fire" a
Today at 4:35 am by Rocky
» Kurdistan Region Presidency: We will issue a regional order to determine the first session of parlia
Today at 4:34 am by Rocky
» The Minister of Foreign Affairs announces the convening of the Ambassadors Conference tomorrow, Mond
Today at 4:33 am by Rocky
» Al-Sudani: Iraq must always be at the forefront
Today at 4:32 am by Rocky
» Al-Mashhadani: We support the Foreign Ministry in confronting any external interference that affects
Today at 4:31 am by Rocky
» Al-Sudani chairs meeting with Oliver Wyman delegation
Today at 4:29 am by Rocky
» Half a million beggars in Iraq.. 90% of them receive welfare salaries
Today at 4:27 am by Rocky
» Sudanese announces preliminary results of the general population and housing census in detail
Today at 4:26 am by Rocky
» The centenary of the Iraqi Ministry of Foreign Affairs.. A journey of challenges and achievements
Today at 4:25 am by Rocky
» Prime Minister's Advisor Announces Assignment of Two International Companies to Study Iraqi Banking
Today at 4:23 am by Rocky
» Agriculture: Integrated Support Project Provides 1,333 Job Opportunities
Today at 4:22 am by Rocky
» The Media and Education Commission discuss introducing advanced curricula related to artificial inte
Today at 4:20 am by Rocky
» Al-Mashhadani’s First Test: Discussing Israeli Threats and Avoiding Controversial Laws
Today at 4:20 am by Rocky
» By name.. A parliamentary bloc reveals that five ministers will be questioned at the end of the legi
Today at 4:19 am by Rocky
» The financial budget is subject to political and economic amendments in the next parliamentary sessi
Today at 4:18 am by Rocky
» Will the government's efforts succeed in ending the electricity crisis in Iraq?
Today at 4:17 am by Rocky
» Baghdad Airport Customs Increased to 400% After Implementing Automation
Today at 4:16 am by Rocky
» EU: Integrated Support Project in Iraq Creates Jobs in Agriculture and Youth
Today at 4:15 am by Rocky
» Al-Sudani attends the centenary ceremony of the establishment of the Ministry of Foreign Affairs
Today at 4:13 am by Rocky
» Al-Mashhadani: We seek to keep foreign policy away from alignments that harm Iraq’s unity and sovere
Today at 4:12 am by Rocky
» The Iraqi government is working to develop a competitive banking system and support the private sect
Today at 4:10 am by Rocky
» Al-Alaq: Arab consensus on the role of central bank programs in addressing challenges
Today at 4:09 am by Rocky
» Regional markets rise in first session of the week
Today at 4:08 am by Rocky
» Kurdistan Region Presidency: We will issue an order to set the first session of the regional parliam
Today at 4:06 am by Rocky
» Political differences hinder oil and gas law legislation
Today at 4:05 am by Rocky
» Government coordination to create new job grades for graduates
Today at 4:04 am by Rocky
» The financial budget is subject to amendments in the next parliamentary session
Today at 4:03 am by Rocky
» Alsumaria Newsletter: Iraq reaches the final stages of the census and Parliament resumes its session
Today at 4:01 am by Rocky
» After the elites and workers... Iranian factories "migrate" to Iraq
Today at 3:58 am by Rocky
» Beggars in Iraq "refuse" welfare salaries.. Their profits are 10 times the salary!
Today at 3:57 am by Rocky
» Amending the Election Law... A Means to Restore the Dilapidated Legitimacy
Today at 3:56 am by Rocky
» Prime Minister announces population census results, Iraq reaches 45 million mark
Today at 3:54 am by Rocky
» Find out the dollar exchange rates in the Iraqi markets
Today at 3:53 am by Rocky
» Kurdistan Interior Ministry: General amnesty does not include those accused of killing women
Today at 3:52 am by Rocky
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
Yesterday at 6:59 am by Rocky
» utube 11/21/24 MM&C MM&C News Reporting-Global Trade-Best Route in World-Purchase Power-Justice-Cen
Yesterday at 6:58 am by Rocky
» Al-Sudani discusses with the Secretary-General of the Digital Cooperation Organization enhancing dig
Yesterday at 6:56 am by Rocky
» President of the Republic: Partnership with the United States is essential to achieve regional stabi
Yesterday at 6:54 am by Rocky
» Mazhar Saleh reveals details of the 2023 budget and the 2024 budget horizon
Yesterday at 5:18 am by Rocky
» Absent control and rising corruption.. Sudan faces a harsh political winter
Yesterday at 5:16 am by Rocky
» A representative shows the laws prepared for voting during the upcoming sessions.
Yesterday at 5:14 am by Rocky
» Corrupt people in it.. Independent MP criticizes the performance of Al-Sudani's government
Yesterday at 5:13 am by Rocky
» Parliamentary Oil Committee reveals government move to end electricity crisis
Yesterday at 5:11 am by Rocky
» The Administrative Court postpones consideration of the lawsuit on the legitimacy of the Kirkuk gove
Yesterday at 5:10 am by Rocky
» MP: The ministerial reshuffle depends on consensus within the state administration
Yesterday at 5:09 am by Rocky
» Politicians put question marks on Al-Sudani: corruption, espionage and serving foreign interests
Yesterday at 5:08 am by Rocky
» The International Union of Arab Bankers honors the Chairman of the Private Banks Association: A prom
Yesterday at 5:03 am by Rocky
» Industry: Contracts to supply state ministries with food products
Yesterday at 5:02 am by Rocky
» After Shell Withdrawal, American Company Heads to Implement Al-Nibras Project in Iraq
Yesterday at 5:01 am by Rocky
» Revealing the fate of the Chinese deal in Iraq.. It was disrupted by this party
Yesterday at 5:00 am by Rocky
» The Central Bank of Iraq 77 years of challenges and reforms
Yesterday at 4:57 am by Rocky
» "Unprecedented numbers"... American "CNN" talks about tourism in Iraq
Yesterday at 4:56 am by Rocky
» After implementing automation, Baghdad Airport Customs jumps 400 percent
Yesterday at 4:55 am by Rocky
» Iraq participates in sustainable development activities
Yesterday at 4:53 am by Rocky
» Al-Sudani opens 790 model schools
Yesterday at 4:52 am by Rocky
» Parliamentary Culture: The Right to Information Law will satisfy all parties
Yesterday at 4:51 am by Rocky
» Al-Mashhadani to {Sabah}: Tomorrow we will discuss the Zionist threats
Yesterday at 4:50 am by Rocky
» Industry to {Sabah}: Contracts to supply state ministries with food products
Yesterday at 4:49 am by Rocky
» Trade cooperation between Najaf and Isfahan
Yesterday at 4:48 am by Rocky
» {New building} and {electronic systems} to develop forensic medicine
Yesterday at 4:47 am by Rocky
» A specialized center for monitoring the environmental situation in the capital
Yesterday at 4:46 am by Rocky
» International and parliamentary praise for the success of the "population census" process
Yesterday at 4:45 am by Rocky
» The European Union organizes a workshop in Basra on central administration and the wealth distributi
Yesterday at 4:42 am by Rocky
» The Media Authority and the Ministry of Education discuss the importance of enhancing and introducin
Yesterday at 4:41 am by Rocky
» Iraq's oil exports to America rose last week
Yesterday at 4:40 am by Rocky
» Electricity announces loss of 5,500 megawatts due to complete halt of Iranian gas supplies
Yesterday at 4:39 am by Rocky
» Tomorrow.. The Arab League is looking to unify its position against Israeli intentions to strike Ira
Yesterday at 4:37 am by Rocky
» The Central Bank moves its secret vaults to its new building.. Clarification of the truth of the cla
Yesterday at 4:35 am by Rocky
» Network reveals the fate of the Chinese deal.. It was disrupted by "Iraqi officials"
Yesterday at 4:34 am by Rocky
» From the White House to the "Leaders of Iraq"... A Message Regarding the Targeting of Baghdad
Yesterday at 4:33 am by Rocky
» Parliament session agenda next Tuesday
Yesterday at 4:32 am by Rocky
» "Unforeseen Danger"... Turkish Barracks in Kurdistan Region Between "Hammer and Anvil" - Urgent
Yesterday at 4:30 am by Rocky
» As tensions escalate, parliament holds 'emergency session' to discuss Israeli threats
Yesterday at 4:26 am by Rocky
» For Population and Housing.. Planning announces the success of the general census in Iraq
Yesterday at 4:25 am by Rocky
» Trade announces a special application for the ration card that determines the mechanism for families
Yesterday at 4:23 am by Rocky
» Political Conflicts Obstruct Oil and Gas Law: The Future of Iraq’s Wealth at Risk
Yesterday at 4:21 am by Rocky
» The political representation map awaits the results of the population census.. Will the parliament s
Yesterday at 4:20 am by Rocky
» Drug Localization.. A government advisor announces the registration of important drugs for the first
Yesterday at 4:19 am by Rocky
» Japan announces completion of more than 30 projects in Iraq through soft loans
Yesterday at 4:18 am by Rocky
» Integrity reveals new embezzlement operations in a government bank in Karbala
Yesterday at 4:16 am by Rocky
» Through dialogue or “elite forces”... How does Baghdad prevent the factions from implementing the Is
Yesterday at 4:15 am by Rocky
» Trade Bank of Iraq announces plan to open new branches
Yesterday at 4:14 am by Rocky
» Parliamentary Security: Israel wants international legitimacy to strike Iraq
Yesterday at 4:12 am by Rocky
» Minister of Health: Services provided under health insurance are almost free
Yesterday at 4:11 am by Rocky
» Planning: The census identifies the economic and social characteristics of each Iraqi individual.
Yesterday at 4:09 am by Rocky
» Al-Hakim: Iraq's duty towards the regional crisis must be consistent with its reality and capabiliti
Yesterday at 4:08 am by Rocky
» American party reveals the reason for Israeli threats to Iraq
Yesterday at 4:05 am by Rocky
» Proceedings of the first session headed by Al-Mashhadani.. Budget amendment and no schedules
Yesterday at 4:03 am by Rocky
» After half of it passed without sessions.. Discussion of a new extension of the legislative term
Yesterday at 4:01 am by Rocky
» Here are the dollar exchange rates in the Iraqi stock exchanges
Yesterday at 4:00 am by Rocky
» Iranian gas exports to Iraq have stopped completely for this reason Local
Yesterday at 3:59 am by Rocky
» Koger: The budget schedules have not reached us yet, and we will start the sessions as soon as they
Sat 23 Nov 2024, 5:06 am by Rocky