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Iraq's Kurdistan region receives dues budget long-awaited Baghdad


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I've been crazy for a long time,it's really not that bad,everyone kinda leaves you alone,I have a few empty seats so climb aboard my crazy train and let's enjoy the rest of this ride together.

Happy Friday to everyone. Peace

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Parliamentary Finance: The federal government sends the amount of 420 billion dinars to the Kurdistan region down again to distract staff salaries

Wrote: March 21, 2015

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Revealed the parliamentary finance committee member Abdul Qader Mohammed for sending the federal government the amount of 420 billion dinars, the middle of this week to Kurdistan down again to distract the provincial employees' salaries.

Mohammed said in a press statement that "negotiations are still ongoing between the Kurds and the government of the Federal Minister of the Kurdistan Regional Exchange overdue salaries for months."

Noting that "the Kurdistan region is committed to the oil agreement between the Governments of the site recently in Baghdad and Erbil."

"The export of oil from the Kurdistan region of Iraq is on the rise until it reaches the specified amounts in the budget," adding that "the implementation of this agreement and activation in the interest of the two governments."

He pointed out that Mohammed "is now ongoing negotiations yielded the federal government's approval to send 420 billion dinars a second installment of the provincial employees' salaries," stressing that "in spite of sending this amount, but it is not sufficient for the payment of salaries, estimated B820 billion dinars per month."

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  • Agency eighth day
  • March 22, 2015, 11:09
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BAGHDAD - ((eighth day)) Oil Minister Adel Abdul-Mahdi, constantly talks with the Kurdistan region on agreement between Arbil and Baghdad oil agreement, and the expected arrival of Iraq's exports during the current month to three million barrels per day.     Adel Abdul-Mahdi said that "our discussions with the Kurdistan Regional ongoing well on the oil agreement and there are some problems and interpretations, but both parties to proceed with a serious implementation of the Agreement," stressing "Our goal is to agree has come a long way in it."   The Convention provides for the establishment of the Kurdistan Regional Government to export 550 thousand barrels of oil fields under the supervision of the Iraqi SOMO for the marketing of oil, as opposed to send Baghdad, the region's share deducted from the budget in 2014.   Abdul-Mahdi said that "the Iraqi oil exports on the rise and there are great efforts in this aspect is expected that exports up during the current month of March to three million barrels," but he pointed out that "oil prices remain between the landing and the rise". ST
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Abdul-Mahdi: Iraq's oil stocks exceeded 516 billion barrels without Kurdistan fields

March 22, 2015 13:17   Last Updated: March 22, 2015 13:17


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Image from Reuters - Arabian Eye

 

Direct: Standard Abdul Mahdi, Iraq's oil minister said on Sunday, that the original oil Mahzon in Iraq exceeded 516 billion barrels record without the Kurdistan region of fields.
He said Abdul-Mahdi, in a statement posted on his page on the social networking "Facebook" site, "The Original our stock oil is 516.8 billion barrels record and reserves of the original 181.4 billion barrels record and reserve the remaining first up to Canon's second (last January) 2015 is 142.4 billion Standard barrel. "
The oil minister said that "the free gas reserves and associated residual Dec. second until (last January) is 130.97 trillion cubic feet, of which 32.7 trillion feet of free gas 98.3 trillion cubic feet of associated gas all without Kurdistan fields account and its demonstrated explorations recently these quantities make Iraq oil from countries topping for centuries to come. "
Said Abdul-Mahdi said, "that these quantities make Iraq oil topping countries for centuries to come," adding that "Who owns these precautions have to think seriously about how to invest for the benefit of the country and future generations."
He explained Adel Abdul-Mahdi, "One of our biggest problems in Iraq is not difficult to provide funds for investment in the oil field also refers to the size of the offers of investment projects which are regrettably most of our preparations and our ability to be absorbed Vqguanana and our legislation, investment and the environment that are still hesitant and aggressive sometimes and behaviors repellents are the main reason is not a lack of funds and the capabilities and opportunities. "
He said a ring "that low prices and thus lower costs in the oil field and the exit of some producers high cost owners is on the contrary, the right opportunity to invest in oil and gas Iraqis Almnkhvdan cost which is in Iraq less than $ 8 per barrel of oil and the cost no longer exist in a lot of fields around the world, and this may be a historic opportunity for Iraq to regain its position in the global market and develop the capabilities and reduce the unnecessary expenses and develops from economics consumed by wars and reckless policies. "
Oil Minister announced during the beginning of this month, that there is an agreement with Gary Kurdistan region and will help to raise oil exports during the current year .


 

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