NO HCL very SOON

[rockfl9]

The Constitution gives the Kurds autonomy in their region. They resist any incursion by the Central.

They got a good deal trading 250bbl/d at todays prices for the 17% (If they get it)

As written, the draft HCL ( obviously written by the Shia in Bagdad ) gives the Oil Ministry control over ALL oil rights , including the kurdish fields. The Kurds WILL NEVER agree to that.

 

Abadi needed the income including the Kirkuk output so had no choice to make the deal, maybe assuming in better times to go back and change it. There will be some give/take this week but the Kurds remain in the driver seat.

 

By using the same pipeline hard to figure where the oil came from. I dont think they currently have the ability to measure accurately .  That's part of the technical glitch today. It's not rocket science , somedays 250bbls ,somedays less. 

 

 

[captl1]

Lol

[dontlop]

It does indeed appear to be heading towards a float, but I am still optimistic that they do an initial exchange of around .10..... If for no ther reason, to kick start the float and let the world know they are ready to become an international currency with some kind of value to it.

I agree the Kurds are not getting anything from abadi

They are getting the same deal maliki gave them but with an increased production to meet in order to remain compliant to the agreement

They fought maliki saying they didn't have to go thru the oil ministry , maliki did not back down ,

Abadi won't back down either

Now the Kurds are incharge of 550 thousand barrels a day in the new deal

250 in one pipeline and 300 in the other

all the oil in the pipelines leaving iraqi territory is Controlled by the federal govt

The federal govt is incharge of all international trade agreements

How come the rest of the provinces have no problem living with the central govt except the Kurds?

Do they all get something more than the kurds are getting ?

Or do the kurds want special treatment?

The rest of the country won't go along with that

They will vote against that then the kurds will blame it on Maliki like they always do

The Kurds smear campaign on Maliki is getting old

Theirs a new prime minister now so we know it's not maliki

Any thing the Kurds get will have to be given to everyone , not just the kurds

But everyone else is satisfied

Just the Kurds are creating havic

Edited February 15, 2015 by dontlop

[dontlop]

Jay frag I have no idea where that quote came from

But it's there and has nothing to do with my response

So ignore it

[rockfl9]

None of the oil producing provinces are happy with the cut from 5 to $2 per bbl. The Sunnis control the Southern fields and the pipeline to the coast.

The Govt in Bagdad could have trouble there also . Under the constitution they have the right to form an autonomous region also.

[dontlop]

Yes they don't like the 2 dollar a barrel thing

Is that an issue?

I think most Iraqis realize the oil prices have gone down and accept that reduction

Not much they can do about that

I guess they can say maliki did it over and over

[vietnam1969]

I am not so sure that the HCL will happen soon but I do believe that Adabi may do some backbending  in order to get the two regions working with eachother rather than butting heads. There is plenty of oil to keep both party's happy. 

[dontlop]

What I see is there isn't two party's

It's one party

The iraqi party but someone seems to want to distance themselves from the rest of iraq

No one else has any special deals with baghdad hopfully it remains that way or it will open up a can of worms that's gonna stink to high heaven

[vietnam1969]

I will have to differ with you Dontlop on the one party you mentioned above. There are many paties in Iraq but I am thinking you may have misunderstood my reply. I was referring directly to Baghdad and the Kurdistan regions of Iraq and they are not the same and not one party.

[rockfl9]

When you boil it down there are 3 parties involved in the HCL. The Kurds ( NE oil fields) , The Suni ( south oil fields ) and the GOI (SOMO). The non-oil producing governates  will take what they can get. If the Suni get smart and negotiate as a group like the Kurds , the GOI looses power. If that happens the HCL becomes a financial shell game.

[dontlop]

Non oil provinces own the exact same amount of oil as any oil producing province

If there's only three party's involved why then is there only two party's negotiating

The sunnis , kurds , and shittes all three need to be at any and all negotiating tables

If iraq is devided into two different party's the kurds won't ever get enough votes to get anything

Legislation has to be passed by every legislator not just a couple chosen by themselves

It's is going to open up a can of worms if the kurds get one nickel more than anyone else in iraq

An equal share for everyone is the policy and nothing more

The only advantage the oil producing provinces get is the secondary income , "jobs" that's it , nothing else

The oil , every drop , is owned by " ALL " Iraqis evenly

It is a shell game , it's set in stone

It can't change

If the Kurds get a bigger percentage , then everyone else does too , therefore it remains the same percentage

You can't give the Kurds a bigger percentage without taking that percentage off someone else

There's only so many percentage points in a 100% percentage system

What do the kurds expect , for them to have a 105% budget ?

100% is absolute , it cannot be changed

It's devided equally

[rockfl9]

Non oil provinces own the exact same amount of oil as any oil producing province

If there's only three party's involved why then is there only two party's negotiating

The sunnis , kurds , and shittes all three need to be at any and all negotiating tables

 

Well DL , That's not the way it is working out. The Kirds control the NE oil flow AND If they are smart the Suni will drive the same bargain for the southern fields.

Financially there will be 3 countries. 

The Shia got fat while Maliki was pissing away the surplus and DFI. Now Barzani wants them to put it back.. I smell salary reductions and staff cuts for Bagdad.

Barznani Maybe worked out a near term deal , but Barzani says NO money NO oil.