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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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    It begins experimentally on the 10th of this month.. Resuming the export of Kurdistan oil via Turkis

    Rocky
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    It begins experimentally on the 10th of this month.. Resuming the export of Kurdistan oil via Turkis Empty It begins experimentally on the 10th of this month.. Resuming the export of Kurdistan oil via Turkis

    Post by Rocky Sun 07 Apr 2024, 5:03 am

    It begins experimentally on the 10th of this month.. Resuming the export of Kurdistan oil via Turkish Ceyhan
    [You must be registered and logged in to see this link.] |Today,
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    Baghdad today - Baghdad
    Today, Sunday (April 7, 2024), an informed source revealed the existence of an agreement to resume the export of Kurdistan region oil through the Turkish port of Ceyhan.
    The source said in an interview with “Baghdad Today” that “there is an agreement to resume oil exports using the Kirkuk-Mosul-Ceyhan pipeline,” noting that “the agreement stipulates the trial on the tenth of this month.”
    He added, "If there are no technical problems, exports will start from the first of May, according to the Iraqi-Turkish agreement."
    Oil expert Kovind Sherwani confirmed on Sunday (February 25, 2024) that 11 months after Kurdistan oil exports stopped, financial losses amounted to $9 billion, stressing that they cover 20% of the budget deficit.
    Sherwani said in an interview with “Baghdad Today” that “this amount, which is 9 billion, covers about one-fifth of the deficit proven in the budget,” noting that “the Turkish side filed a lawsuit in an American court on the grounds that it has suffered losses and is harmed by the cessation of exports.”
    He added, "There is a loss in the region for operating oil companies, and when the resumption takes place, we will need additional sums to rehabilitate the fields so that they can be at the same rate of export as before."
    He pointed out that "hundreds of workers and engineers from the region and foreigners were affected because they lost their jobs and are waiting to re-export again. The cessation caused them a humanitarian and economic crisis, and the villages and areas where companies were located were benefiting from the support provided by oil companies."
    He stated that "there are negotiations with the Turkish side to resume exports again, as Ankara has impossible conditions and has presented high demands, and the Iraqi side has not made sufficient efforts to resume oil exports."
    The export of oil from the Kurdistan region has been halted since March of last year 2023, that is, a year ago from now, based on a lawsuit filed by Iraq with the International Arbitration Chamber in Paris against Turkey, for allowing the export and passage of Kurdistan oil to the Turkish port of Ceyhan via pipelines without coordination and approval from Baghdad.
    While the Iraqi and Turkish parties express their full readiness to resume oil exports, the main obstacle is the foreign oil companies operating in the Kurdistan region, as the dues fixed in the budget by the Baghdad government are equivalent to the costs of oil production in central and southern Iraq, which is rejected by foreign companies, because their contracts With Kurdistan, these are participation contracts, not service contracts, which makes the funds allocated by Baghdad “useless,” according to foreign companies.
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      Current date/time is Mon 15 Jul 2024, 6:15 am