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Barzani: Baghdad Does Not Have Sufficient Funds To Grant Share Kurdistan 's Oil And Are Committed To The Convention !


DinarThug
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CNN. Broadcasting The Reality Of Low Oil Prices - Although Both Sides Appear Committed To Work Through It !

 

 

 

(by walkingstick)

Barzani: Baghdad does not have sufficient funds to grant share Kurdistan 's oil and are committed to the Convention
Editor Ali Jasim - Sunday February 15, 2015 19:39


The head of the regional government of Kurdistan Barzani, Sunday, that the Iraqi government does not currently have sufficient funds to implement the oil agreement because of lower oil prices on the economy of Iraq , and that the parties are committed to it and there is no problem between Baghdad and Kurdistan.

Barzani said during a press conference after meeting with Iraqi Prime Minister Haider al-Abadi in Baghdad, attended by "Alsumaria News", "it was to clarify the export of oil officials process they acknowledged that the region is committed to the agreement signed between the two sides," he said, adding that "the Iraqi government does not have the money sufficient to pay for the region because of the suffering of Iraq is currently an economic crisis due to low oil prices at the level of the world. "

Barzani stressed that "the Erbil and Baghdad are committed to oil Convention between them and there are no problems," explaining that "the region is committed to the export of 550 000 barrels of oil, according to the agreement signed."

The office of Prime Minister Haider al-Abadi, announced on Sunday that my center and the region held a meeting under the chairmanship of Abadi and President of the Kurdistan Regional Government Nechirvan Barzani to discuss the recent oil agreement between Baghdad and Erbil.

The Kurdish negotiating delegation, headed by Barzani arrived on Sunday, to Baghdad, to meet with the central government officials and discuss the issue of the export of oil and a number of outstanding issues.

The cabinet decided, in (2 December 2014), the approval of the oil agreement between the federal government and the Kurdistan Regional Government, which provides for delivery of the region at least 250 thousand barrels of oil per day to Baghdad for the purpose of export, after reaching the Kurdish delegation headed by Nnigervan Barzani with the Iraqi government to an agreement on the region's share in the budget and export of oil.

http://www.alsumaria.tv/news/125067/%D8%A7%D9%84%D8%A8%D8%A7%D8%B1%D8%B2%D8%A7%D9%86%D9%8A-%D8%A8%D8%BA%D8%AF%D8%A7%D8%AF-%D9%84%D8%A7-%D8%AA%D9%85%D8%AA%D9%84%D9%83-%D8%A7%D9%84%D8%A3%D9%85%D9%88%D8%A7%D9%84-%D8%A7%D9%84%D9%83%D8%A7%D9%81%D9%8A%D8%A9/ar

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What do ya think he's talking about ?

Maybe the 5 dollars a barrel?

They just got done saying this from your other article

Karim added that «the region is facing some technical problems in its inability to export what has been agreed upon of oil per day, and must rate for that, and the President of Government of the Territory mode, select 3 months so instead of quantity calculation day», he said, adding that in this way can the federal government «evaluation the performance of the region every 3 months

Read more: http://dinarvets.com/forums/index.php?/topic/197167-kurdish-lawmaker-maliki-and-his-coalition-is-trying-to-derail-the-oil-agreement/#ixzz3Rqv3hGTp

This really something relying on their information

They might be thinking they can fix the technical problems over time

And baghdad can give them more money as oil prices rise

But these things should go for all territories

I don't understand the hold up

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Whoop - There It Is ! ;)

 

 

 

(by walkingstick)

Claims to establish a fund for the proceeds of oil in Kurdistan

Azad Mohammed
15/02/2015

Economists stressed at a workshop hosted by the Kurdistan Economic Development Organization in Sulaimaniya the importance of accelerating the establishment of oil and gas revenue fund in the Kurdistan region and the need to finance imports of other economic sectors Control and harnessed towards strengthening economic and social infrastructure of the province.

Refers economist Husam al-Din disappeared, in an interview with Radio Free Iraq that the workshop discussed the two main pillars of transparency in dealing with oil and gas revenues in the region, and the establishment of a fund for these revenues contribute to the support of other economic sectors in order to promote them to be economically another province resource.

According to a member of the Organization of suspicion to consolidate the foundations of civil society Niaz Mohammed that the establishment of this fund will provide for civil Mazmat and media access to the oil and gas imports and exposed to public opinion on an ongoing basis and to stop the party and government Tgmalmsúlan this file.

The Chairman of the Committee on Natural Resources in the Kurdistan Parliament Sherko Cevdet Failure to base and oil and gas imports Fund is a gap in the financial and economic system of the region and Iraq in general, and pointed out that the Fund's correlation parliament easy process has control and scrutiny of these imports, adding that the Kurdish parliament proven in a project set up a fund oil imports issue of savings share of future generations of this Iirorh.

It is said that project to establish oil and gas revenues fund law in the province, which postponed approval of several Mrart stipulated in article ninth on that part of the proceeds from this fund is used to finance investment projects in the provinces of the region and the development of oil and gas the sector, and to deposit a certain percentage of the proceeds to support the generations Fund next.

http://www.iraqhurr.org/content/article/26850759.html

 

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What do ya think he's talking about ?

Maybe the 5 dollars a barrel?

 

 

What is the Basra oil agreement ?

 

I Think That U May Be On To What The Basra Oil Agreement Is With The $5 Per Barrel ! ;)

 

Here's An Article From Last Month ...

 

 

 

Parliamentary Finance: petrodollars will be delivered to Basra stages and the allocation of an additional 500 billion to maintain

Saturday January 24, 2015 - 22:07 

MP Faleh sarees

Parliamentary Finance Committee revealed that Basra province will be handed over their share of Alaptrollar, amounting to $ 5 for every barrel of oil product in the form of stages, as well as a proposal to grant the amount of 500 billion dinars additional amounts from outside the petrodollars.

A member of the Committee Faleh applicable in a statement to Radio tow the legal text in the budget and private grant of Basra, the $ 5 petrodollar spend that will be paid the first dollar directly with will be the second dollar payment if the availability of financial abundance or an increase in oil prices in the global market, either The 3 remaining dollars will be paid after an audit by the Office of Financial Supervision.

Referring to the allocation of an amount of 500 billion dinars will be paid after making transfers between the sections Almoisna.ostbad applicable process that is 2015 budget included in the agenda of the meeting on Monday to vote.

Stressing that the parliamentary Finance Committee will host on Sunday Accounting and Budget Department in the Ministry of Finance for the purpose of installing the final figures in the budget. He said in effect that the Commission need three more days to finish the preparation of the final drafting of the budget due to the non-completion of retrenchment processes and transfers between the doors of the budget.

He continued in force to the Finance Committee in the process of reading legal texts of the budget a second reading in preparation for the formulation of the final draft of her, as well as a number of points as a placement of contention that will be migrated to the political blocs to get a political agreement around, especially relating to quantities of oil produced in the region, and the agreement of oil between the center and the region and which has met opposition by a number of blocks and threatened not to vote on that budget in case the survival of that agreement on the current form.

http://almirbad.com/news/view.aspx?cdate=24012015&id=171f6331-be52-4872-b0c3-da1258f3dde7

 

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Here's Another HCL Related Article Hot Off The Presses ...

 

 

 

(by walkingstick)

15/02/2015 (19:39) 
Experts claim to compel oil companies to "oil industry" and not just export

BAGHDAD / Ghazanfar Laibi 

Experts and specialists description in the field of energy, the economy and political environment in Iraq as "appropriate" to approve oil and gas law, and while they said that the country's crisis political, not economic, called on the government to compel oil companies to establish refineries and plants petrochemical addition to her work in the oil and export it to extract. 

This came during a discussion of the draft law of oil and energy conference held by the organization in July for Social Development in collaboration with the Friedrich Ebert Foundation, on Sunday, at the Sheraton Hotel in central Baghdad.

The Minister of Science and former Technology Raid Fahmi, "long", that "the political climate at the moment appropriate to approve oil and gas law, despite observations on some paragraphs," noting that "the ongoing meetings between the KRG and the leaders of the central government in Baghdad and ongoing dialogues between the parties is a positive indicator and better than previous periods. "

He said Fahmi saying that "some of the provinces, which considers itself marginalized in the past, and believes it did not take a role in the licensing and participation of oil contracts rounds (which confirms the Constitution did not translate in practice) created feelings Silh in those provinces," noting that "the distribution Wealth holds inter problematic lies in the management of oil wealth across the two policies distinct in the federal government and the Kurdistan region. "

He explained that "the federal government has lost control of Ceyhan pipeline and the only way to export the oil is through Kurdistan," pointing out that "the cooperation between the two sides has become an objective need for the center and the region alike."

He said Fahmi saying that "the Kurdistan region of decades became a reality because it came certain conditions, reservations to participate decades and there," and wondered, "How will these contracts sovereignty over the oil wealth of the country," calling on the central government to "develop a clear strategy and a review of licensing rounds and contracts concluded with companies (region contracts and service contracts) and taking into account the Iraqi constitution, and knowing the financial performance and the benefit of these contracts must be transparent, it must be because there is a real evaluation of these contracts did not come natural conditions. "

He continued by saying that "now is the political atmosphere, the best, and channels of dialogue must remain open to address climate differences quiet and not in the light of shipping which is possible to hire a sectarian or chauvinistic."

For his part, said an expert in economic affairs, Abdel Azim al-Khafaji, the "long", that "the essence of the political struggles are a reflection of the interests of the regional countries benefit at the expense of the Iraqi people, and to deepen the conflict economic target framed religious or nationalist must move away from it the political parties in order to the advancement of the economic reality of the country. " He said al-Khafaji, saying that "the world has witnessed a fundamental shift in the beginning of the atheist and the twentieth century when the spread of globalization and the back of the market economy, as industries began to come near the sources of the extraction of natural resources which reduces the cost and increases the production, which is a big goal to serve humanity and not the region only."

He called the Iraqi government to "oblige companies manufactures oil and not mined and exported only, and this should be a strategic goal to develop the economy of the country from north to south," and urged to "compel oil companies operating in Iraq to establish refineries and factories, petrochemical plants." 

He pointed out that "the draft oil and gas law moved away from economic integration, namely that the law did not do justice to the provincial non-oil producers, which do not contain the refineries or oil wells," explaining that "the establishment of factories, petrochemical and other poor provinces can lead to the stability of the country economically and achieve national unity, and thus lead to political stability. "

For his part, the academic Ali high, said an intervention during the conference that "some provinces began looking forward to participate in the oil fields of management, and in particular that the Constitution included a paragraph need to interpret to decide the issue of the Federal Court (current fields) sentence, which I disagree in their interpretation," noting that "the competent authority in the interpretation provisions of the Constitution is the Federal Court, and the interpretation of this Article. "

The high-saying that "all the differences solvable if any sincere intentions to resolve this outstanding issues," pointing out that "companies that have worked in the Kurdistan region has evolved dramatically like Exxon Mobil."

He called high government to "hiring oil to see any contracts or service to participate better, because there is a precise technical issues in this area is not only appreciated by specialists."

The Committees of oil and gas in the parliamentary Iraq and the Kurdistan region occurred on Monday (February 9, 2015), a joint Memorandum of Understanding include strengthening the supervisory role of the joint between the two parties, work and legislation necessary laws, and among the head of the Iraqi Commission memo also includes follow-up developments of the agreements and understandings between the governments in Baghdad and Erbil in the field of oil and gas and to identify the difficulties faced, described the oil and energy Kurdish memo as "important" to solve "problems," the relationship between the two parties. The Oil Ministry has called, on the seventeenth of December 2014, to accelerate the legislation of the oil and gas law, to regulate the relationship between the federal and Kurdish governments and ensure the distribution of oil imports to the producing provinces about guarantee their rights, while the new council in Basra claim involving the province's oil contracts file to ensure entitlements Finance and Administration, returned to the relationship with the Ministry of Oil "will not organized," but draw oil policy on a common basis and approve oil and gas law.

And submitted to the Commission on oil and gas in the Basra Governorate Council, in (18 October 2015), a project to preserve establishing Academy to train workers in the oil sector, as indicated that they rely on our expertise and capabilities in the oil sector as consultants to her, confirmed that it is seeking to open offices subset in the oil fields of the management of social benefits and solving occurring between citizens and oil companies problems.

http://almadapaper.net/ar/news/481761/%D8%AE%D8%A8%D8%B1%D8%A7%D8%A1-%D9%8A%D8%AF%D8%B9%D9%88%D9%86-%D8%A5%D9%84%D9%89-%D8%A5%D9%84%D8%B2%D8%A7%D9%85-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%A8%D9%80-%D8%B5

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