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Found 6 results

  1. Kurdistan Oil and gas disputes with Baghdad to be addressed once new KRG cabinet formed Sangar Ali | 8 hours ago Share share An oil field in Nasiriya, in southern Iraq. (Photo: Reuters/Atef Hassan) Kurdistan Iraq Erbil Baghdad Oil Gas A+AA- ERBIL (Kurdistan 24) – A delegatiom from the Kurdistan Regional Government (KRG) will visit Baghdad to discuss disputes over Iraqi oil once the new Kurdish government is formed, a member of parliament in the Iraqi capital said on Wednesday. Oil and gas shares and distribution have been the subject of a long-standing dispute between the KRG and the federal government of Iraq since 2003. Following the formation of the new Iraqi federal government in Oct. 2018, both Erbil and Baghdad agreed on the 2019 national budget bill, which requires the Iraqi government to deliver the salaries of KRG employees along with some financial compensation as the KRG hands over the export of 250,000 oil barrels per day (bpd) to the Iraqi oil marketing company – SOMO. Since the beginning of this year, the Iraqi federal government headed by Prime Minister Adil Abdul-Mahdi has delivered the salaries of the KRG employees on a monthly basis, but the KRG is yet to deliver the prescribed amount of oil to Baghdad as indicated in the Iraqi national budget bill. Over the past few weeks, many Iraqi lawmakers have complained in parliament about the delayed KRG oil transfers, questioning the silence of the Iraqi government in that regard. On Tuesday, Abdul-Mahdi, for the first time, issued a warning to the KRG for failing to meet its commitment in the delivery of oil to Baghdad. The warning came after pressure from multiple factions in the Iraqi parliament. A lawmaker for the largest Kurdish faction in the Iraqi Parliament says that once the new KRG cabinet is formed, which is expected to happen in June, an oil and gas delegation from the KRG will visit Baghdad to hold talks. “Today [Wednesday], we, as a group of Kurdish lawmakers, met with Abdul-Mahdi for a short period to discuss the matter. We couldn’t discuss things in details, but agreed that it would be best for the KRG delegation to visit Baghdad and address the issue,” Aram Balatayi, a member of Iraq’s Oil and Gas Parliamentary Committee, and spokesperson for the Kurdistan Democratic Party (KDP) faction in Iraqi Parliament, was quoted as saying on the party’s official website. “The Kurdistan Region has an obligation to hand over the oil to Baghdad,” he continued. “For more than ten years, the Kurdistan Region put effort into and created policies for its oil sector, so it is not easy to now seamlessly hand over the industry to Baghdad. Either the Iraqi government should pay dues of oil companies in the region, or the Kurdistan Region has to sell its oil to pay off those dues. Kurdistan can’t just hand over the oil to Baghdad and Baghdad then refuse to pay the companies.” Balatayi noted that both Erbil and Baghdad could reach an agreement on who would pay the dues and debts of those companies. If it is the KRG, then the Kurdistan Region “has to continue selling its oil,” but should Baghdad decide to absorb those financial obligations, “then this is another subject, and we will have our say at that moment.” The Kurdish lawmaker also noted that Kurds do not have a representative in Iraq’s SOMO and are not sure if they would be given a seat at the table to represent their interests. “There is still an ideology of centralizing power in Baghdad. We have issues with that, and a mechanism should be developed to deal with this,” he added. Gulizar Rashid Sindi, the deputy head of the Kurdistan Region’s Energy and Natural Resource Parliamentary Committee, stated that both the Kurdistan Parliament and the new KRG cabinet should cooperate in this regard. “The Kurdistan Region urges the resolution of the energy question through dialogue and the proper mechanisms,” Sindi told the official KDP website. “The Kurdistan Region will not be bound by Baghdad’s request if it isn't in the interest of the people of Kurdistan.”https://www.kurdistan24.net/en/news/d227436b-1f58-4cc9-b560-4c8e64843239
  2. Parliamentary Legal: For these reasons are not the inclusion of important laws to vote April 13, 2017 BAGHDAD / .. Parliamentary Legal Committee revealed, on Thursday, for the reasons that prevent the inclusion of important laws to vote, as showed that the political blocs do not have the conviction to this moment to pass those laws. The committee member said Amin Bakr's "Eye of Iraq News," that "the Presidency of the Parliament is afraid of important laws that the political dispute the inclusion of fear of dropping the law to vote, and this pays the return of law and read it again under the dome of the parliament," noting that "the Presidency of the parliament awaits the political blocs made up its mind and succession so important laws include the vote, the most important oil and gas law of the Federal Court and others by political differences. " Baker added that "the political blocs did not reach the conviction of resolving their differences on important laws that serve Iraq and Iraqis," ruling out "vote on important laws in the coming period because of what parliament is witnessing political disputes between the various political forces" .
  3. Call block calls to speed up the important laws of legislation before the end of the parliamentary session April 7, 2017 demanded that the Islamic Dawa bloc Presidency of the Council of Representatives and the parliamentary committees concerned to expedite the completion of the special legislation of a number of important laws , procedures before the completion of the current parliamentary session. According to a statement of the block received by all of Iraq [where] a copy of it, confirmed it that "Oil and Gas Development Board and the Council of Federal Service and the law of the Federal Court Rules in addition to the law amending the general amnesty law is one of the most outstanding laws, which should be resolved as soon as possible." Mass "parliamentary blocs and members of the House of Representatives also called for interaction with this requirement and assist in the completion of these laws, which went on some long time , " noting the need to be resolved to see the light soon. "
  4. Important laws voted by parliament before the end of the legislative term Il Giornale 6 minutes ago Add comment 0 Visit BAGHDAD - The Journal News said the National Alliance, Wednesday, vote on important laws stalled in parliament before the end of the current legislative term. According to MP from the Bloc citizen Habib Terminal's (Journal News), that there are a number of laws need to vote during the next term, including the Federal Court Act, which malfunction caused and is still waiting to vote for political conflicts, noting that the paper work of the new National Alliance included the provision of Court Act to Parliamentary vote before the end of the legislative term. Adding that one of the important laws that called the National Alliance to vote during its meeting held on Wednesday, are the laws of the Federation Council, oil and gas as well as the amendments to the election law. Terminal and pointed out that the coalition does not want to vote on laws majority, as happened in the project People crowd the law, pointing out that the crowd Act did not face strong objections by other parliamentary blocs except coalition forces and therefore, the vote was binding, stressing that the current legislative term will continue until vote on the budget bill, which will allow offering more than other laws. It is said that the political body of the National Alliance held its regular meeting, which called on Wednesday to continue the dialogue with the political parties on a political settlement and accelerate the formation of High Commissioner for Human Alansan.anthy
  5. Member of the Parliamentary Legal: four important laws capable of calming the street [Where - special] a member of the parliamentary legal committee, the Committee has four important laws she said, capable ofcalming the street. And showed Ibtisam al- Hilali told all of Iraq [where] that " the current situation in Iraq is very confusing and there are many laws in the corridors of Parliament and has read the first reading and the second , " pointing out that " the Commission has four very important laws to calm the current situation." She explained that " the first law It is the general amnesty, which is very important as well as the Federal Court Act , which also can calm the Iraqi street , the fact that there are objections to the chairman of the Judicial Council , or the President of the Federal Court and the law when what has been voted on will calms down the street, and the civil Service law , which had been read a second reading, In addition to the oil and gas law , which could determine the relationship between Baghdad and the region and identify oil revenues. " It is said that the street week witnessed the kind of confusion that reflected negatively which the protesters broke into the green Zone. tote Parliament Speaker Salim al - Jubouri , Prime Minister Haider al - Abadi responsible for storming theparliament building and damaging its contents. the face Abadi Interior Minister to pursue the elements that attacked the security forces, citizens and members of the House of Representatives and the sabotage of public property and brought to justice.
  6. Added by Ibrahim Khalil on July 12, 2013.Saved under Business Tags: Oil (IraqiNews.com) Iraq offered India three Oil contracts and financial credit for two months.The Media Office of the Prime Minister, Nouri al-Maliki, reported in statement received by IraqiNews.com ”The Prime Minister, Nouri al-Maliki, called to prepare memorandums of understanding and conventions, during his meeting with the Indian Minister, in order to sign it during his upcoming visit to India.”The Indian Minister stated that “India has a political will to develop the mutual relations with Iraq.”The Indian Ministry of Oil reported in statement on Thursday ”Iraq offered India three Oil privileges in the Middle Euphrates and Southern Iraq and offered providing a study to a credit of 60 days for selling crude Oil to India.” \END\ Read more: http://www.iraqinews.com/business-iraqi-dinar/iraq-offers-india-oil-contracts/#ixzz2Z7YabASV
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