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Oil agreement between Baghdad and Erbil enter into force


yota691
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02-01-2015 06:46 PM

 

 

Entered into the agreement signed between Baghdad and Erbil, for the export of oil and the federal budget into effect starting from yesterday. Under the agreement concluded by the Governments of the center and the region to export the last 250 thousand barrels of oil through the port of Ceyhan, in addition to 300 thousand barrels of oil from Kirkuk wells per day across the region's oil pipeline to the Turkish port of Ceyhan, and this agreement became part of the federal budget for 2015. 

According to reached by the two sides during the signing of the end of last year, the Convention entered into force starting from yesterday. 
 

The MP for the Kurdistan Alliance, Najiba Najib, said: 'agreement for a period of one year and will continue until the end of this year, if the two sides committed themselves to implement, but if does not comply One of the parties its terms, The party second has the right not to fulfill his commitment, for the federal government to fulfill its commitment to the region, according to the Convention and included sending the region's share of the federal budget amounting to 17 per cent ', pointing out that' Iraq is facing difficult circumstances in the impact of war against Daash and lower oil prices , he needs to increase its oil revenues, in addition to the current political process needs to come together and cohesion of the Iraqi components and also the political blocs', indicating that the Convention will continue to the end of this year if the parties committed to the implementation of its provisions. 
 

She Najib, that 'the two sides had formed a joint committee to look into the issues Financial them, Baghdad has want to learn imports oil region and where to go and how they were spent, in turn demanding Irbil from Baghdad budget for the year last in 2014, and after that the Commission reach a solution to this issue is sent dues region. " 
 

It is noteworthy that the Kurdistan region of staff entered the new year without that received their last two months of last year, salaries, because the blockade imposed by the previous Maliki government to Erbil caused the financial crisis lasted one year, and the only crisis did not include staff, but covered all aspects of life, with a lot of service and urban and commercial projects stalled during the past 2014 Because of this siege. 
 

by MP said the Kurdistan Alliance, Fa'iq Mustafa, in a press statement, seen by (newsletter), that: 'Despite the agreement reached by the parties to a preliminary agreement, not radical, but they have an important effect of the economic and political terms for all Iraqis, This agreement makes open the door to dialogue between the two sides, to resolve disputes between them radically. " 
 

He pointed Mustafa that the region's parliament is doing its best with the Government of the Territory in order to Kurdistan salaries that have not Atzlmoha last year's exchange, during this month, and we are working in order not to repeat the entry salaries staff in the political conflicts between the blocks, and use them as leverage when they use whatever they want against the other.

Edited by Markinsa
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Another step in the right direction for Iraq :twothumbs:  - I don't think this is the HCL but an agreement between Baghdad and Erbil - We still have to wait an see on the 7th to see if it's in the 2015 budget and/or just a agreement for a certain time and peroid - Just my :twocents:

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It looks like to me that the HCA will be for a year to see how it goes and if any adjustments need to be made before they make it the HCL.  Either way, they are implementing it which, to me, means that they are distributing the budget as agreed upon.  Don't see why it would affect any rv...I know Adam would like the HCL to be signed but I think as long as the HCA is agreed upon then if they want to increase the value of their currency, they could. It's still a legal agreement just not an law as of yet.

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It looks like to me that the HCA will be for a year to see how it goes and if any adjustments need to be made before they make it the HCL.  Either way, they are implementing it which, to me, means that they are distributing the budget as agreed upon.  Don't see why it would affect any rv...I know Adam would like the HCL to be signed but I think as long as the HCA is agreed upon then if they want to increase the value of their currency, they could. It's still a legal agreement just not an law as of yet.

 

Good post FlintNPebbles... That is what I got too.

 

"According to reached by the two sides during the signing of the end of last year, the Convention entered into force starting from yesterday. 

 

The MP for the Kurdistan Alliance, Najiba Najib, said: 'agreement for a period of one year and will continue until the end of this year, if the two sides committed themselves to implement, but if does not comply One of the parties its terms, The party second has the right not to fulfill his commitment,.."

 

 

Call me "nosy" but I want to know what happened with all the millions being held in that Turkish "escrow account"... the proceeds from the sales of most of the Kurds oil exports last year. Has anyone heard anything about those funds?

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add this...Zebari: We can not export its oil to the region without reference to Baghdad By Roudao 19 minutes ago

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Finance Minister Hoshiyar Zebari

Roudao - Biermam

attributed the Iraqi Minister of Finance during a private interview with Roudao network media, financial liquidity treasury State enters into force, the absence of a law of the financial budget in the past year, pointing out that the oil agreement between Baghdad and Erbil, does not allow the latter to export oil without reference to the federal government. and download Zebari previous government, is responsible for the financial liquidity into force in the Iraqi treasury, explaining: "The absence of law and financial budget over the past year, was the cause of the financial liquidity treasury State shall enter into force, and therefore the government budget behavior, without any governing law for disbursements." In replying to a question regarding the right of the region in the export of oil in excess of the quantity to be exported by (SOMO), amounting to 250 thousand barrels per day, Zebari said: "The establishment of the Kurdistan Region, to export any quantity of oil without reference to Baghdad, will lead to a loss of confidence between the parties, and poses a threat to the oil recent agreement between Erbil and Baghdad, "he said, adding:" the region to deal transparently with respect to the export of oil. " In the same vein, continued Zebari: "Oil agreement provides for the export of 250 thousand barrels of oil a day from fields in the region, and 300 thousand barrels of Kirkuk fields, for the benefit of the federal government, and the parties to do so, if they wanted to resolve the outstanding problems between them. " He revealed the Iraqi Minister of Finance, that "the President of the Kurdistan region Massoud Barzani, had demanded Haider al-Abadi, sending arms and ammunition to the Peshmerga forces "he said, adding:" Abadi met the President of the Region request, and agreed to send arms to Kurdistan. " Roudao Media Network, will publish the full text of the interview later ....

Read more: http://dinarvets.com/forums/index.php?/topic/193731-zebari-we-can-not-export-its-oil-to-the-region-without-reference-to-baghdad/#ixzz3NhZzFaWt

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add this...Activation of the oil agreement between the center and the region

 

 

         


1/3/2015 0:00 

 BAGHDAD - morning 
revealed a source in the North Oil Company, for the start of oil exports from the Kirkuk fields at a rate of 150 thousand barrels per day to the Turkish port of Ceyhan, noting that these quantities will rise to 250 thousand barrels per day in the coming days. 
The source said in a press interview: "The North Oil Company began on Thursday evening, the export of 150 000 barrels per day through the Kirkuk oil fields in the pipeline passing of the Kurdistan region to the Turkish port of Ceyhan. "He added the source, who asked not to be named, said:" The current production of the North Oil Company of up to about 300 000 barrels , but for export of 150 000 barrels per day, "noting that" the export process has across northern oil fields to spend molasses (45 km north-west of Kirkuk), and you need to 48 hours for the purpose of filling the pipeline and access to the port of Ceyhan oil. "He continued source that "export process will be reflected on the reality of oil production in Iraq, according to the Federal Oil Ministry estimates," noting that "the current process of pumping are made ​​through fields Bai Hassan and Havana and has produced up to 300 000 barrels per day."

Read more: http://dinarvets.com/forums/index.php?/topic/193751-activation-of-the-oil-agreement-between-the-center-and-the-region/#ixzz3Nhd7i5Wf

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Zobaie: implementation of the political agreement is the real beginning of the government
  • Agency eighth day
  • January 2, 2015, 10:53

BAGHDAD - ((eighth day))                                                                                                 Praised the MP for the coalition of Iraqi forces, Talal Zobaie, some of the steps taken by the new government headed by Haider al-Abadi.

 

Zobaie said in a statement ((eighth day)) that "al-Abadi, or part of the political agreement with the Kurds through the last oil deal either until now the government has not achieved anything of the forces of the Sunni alliance, which also has a popular demands Perhaps the most important of the adoption of the National Guard and the Justice and Accountability Act and the balance in some state institutions.

 

He added that the implementation of the political agreement between the forces participating in democracy is the real beginning of the government.

http://translate.google.com/translate?depth=1&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://8th-day.com/%3Fp%3D89705

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Editor Alaa Hassan - Saturday January 3, 2015 8:48
 
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Alsumaria News / Baghdad 
Finance Minister Hoshyar Zebari, said the absence of a law for the budget for the fiscal over the past year was the cause of the financial liquidity treasury State enters into force, while noting that the Kurdistan region to export any quantity of oil without reference to Baghdad would be a threat to the oil agreement concluded between the Federal and provincial government. Zebari said during an exclusive interview with the network, "Roudao" and followed up with "Alsumaria News" that "the absence of law and financial budget over the past year, was the cause of the financial liquidity treasury State shall enter into force," noting that "the government budget was acted without the presence of any Nazim disbursements of law. "



 

 


"The establishment of the Kurdistan region to export any quantity of oil without reference to Baghdad, will lead to a loss of confidence between the parties and poses a threat to the oil recent agreement between Erbil and Baghdad," calling on the province to "deal with transparency regarding the export of oil." The Council of Ministers Iraqi decided on Tuesday (December 2, 2014), the approval of the oil agreement between the federal government and the Kurdistan Regional Government, which provides for delivery of the Kurdistan region of at least 250 thousand barrels of oil a day to the federal government for the purpose of export, after reaching the Kurdish delegation headed by Nechirvan Barzani with the Iraqi government to an agreement on the region's share in the budget and export of oil, which will be the region's share in the budget by 17%.


Read more: http://dinarvets.com/forums/index.php?/topic/193731-zebari-we-can-not-export-its-oil-to-the-region-without-reference-to-baghdad/#ixzz3NkhJ3EsL

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12:20: 01/03/2015

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Khandan - The Iraqi Oil Minister Adel Abdul-Mahdi, that was the end of last week to begin pumping oil from the Kirkuk fields through Turkey, under the agreement signed between the central government in Baghdad and the Kurdistan Regional Government. , said Abdul-Mahdi in the remarks, "the new Arab" newspaper, The total primary energy for the operation of pumping up to 175 thousand barrels per day, after the completion of the technical and technical matters in the connecting pipes. He said Abdul-Mahdi, said Iraq will increase oil production rates of up to more than 4 million barrels per day, stressing that this increase will enhance the export site that expected to exceed 3 million barrels per day. In this context, a spokesman for the Oil Ministry, Assem Jihad, yesterday, that the average of the country's crude exports in December totaled 2.94 million barrels per day, the highest level since 1980 and was the country's exports from the southern ports registered a record level of 2.76 million barrels per day.Jihad said that the median sales price in December was $ 57 a barrel, while its revenue to 5.24 billion dollars, adding that full-year revenues of $ 84.21 billion.


Read more: http://dinarvets.com/forums/index.php?/topic/193786-start-pumping-oil-from-the-kirkuk-oilfields-to-the-turkish-port-of-ceyhan/#ixzz3NkmENsMo

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