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Oil agreement between Baghdad and Erbil will be presented to Parliament!


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Arbil and Baghdad have agreed to export oil in 2014

Roudao - Arbil, 

spokesman for the Iraqi prime minister, Saad al-Hadithi, Wednesday, that the Iraqi government is obliged to send 17% of the financial budget for the Kurdistan Region. The newborn network Roudao media "We are dealing with the subject of Kirkuk and the oil region through the general budget law Select the mechanism to deal with this matter, the amount of oil exports from Iraq's estimated three million and 600 thousand barrels of oil per day, including 250 thousand from the province of Kurdistan and 300 thousand barrels of Kirkuk. "Sabri added that" the government is obliged to send 17% of the actual spending after the cut expenses or after the calculation of sovereign expenditure, compared to the provincial government to export this amount (550 thousand barrels per day) for the benefit of the Iraqi state oil marketing company SOMO. "According to the agreement concluded between Erbil and Baghdad, in early December in December 2014, which later became part of the financial budget for 2015, should the Iraqi government to send 17% of the going forward for the Kurdistan Region, with a monthly Trliuna and 200 billion dinars ($ billion), in return for the Kurdistan region to export 550 thousand barrels of oil a day for the benefit of Iraq through the Turkish port of Ceyhan. and about invitations to make Kirkuk subject the control of the Iraqi government and that is exported via the national oil company, Sabri said that "the budget or the budget bill included Mottagabla obligation, in the event of evacuation of any party obligations will the other party will be in solving all its obligations." It is noteworthy that the third paragraph of Article X of the Budget Law Finance for 2015 states: If you do not fulfill any party (the federal government, the Kurdistan Regional Government) oil or financial obligations agreed to in this budget, the other party is also obliged to fulfilling its obligations or oil it was financial.

 

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Wednesday October 212 015 11:29

 

 
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Alsumaria News / Erbil 
The chairman of the Committee on Energy parliamentary Arazaabd God, on Wednesday, that a delegation from the territory of Kurdistan, will visit Baghdad for talks on the oil file between the two sides, while pointing out that attempts to renew the previous agreement between the province and Baghdad. He said Abdullah'sAlsumaria News, that "the delegation from the Kurdistan region will visit Baghdad soon in order to reach agreement on the oil file, "noting that" there are attempts to renew the previous agreement between the parties on the oil file. "

 

 

 


Abdullah added that, "according to the previous agreement signed between Baghdad and the Kurdistan region, the Erbil bound by the export of 550 thousand barrels of oil per day through the Sumo to the Turkish port of Ceyhan, while the federal government is liable to pay 17% of the dues of the Kurdistan region of the general budget." Abdullah stressed that the "the parties abide by the constitution which recognizes that oil revenue is the property of the people," pointing out that "the Constitution grants to the regions and the provinces some powers to manage the oil sector, but because of the absence of a law regulating so as each party interprets it differently." Abdullah said that "oil problem is One of the main outstanding problems between Baghdad and Erbil two years ago did the parties reach a result of the dissolution of this file, "pointing out that" the absence of a law regulating the oil sector can not be a solution between the Kurdistan region and other oil-producing provinces problems on the one hand and the federal government on the other."Between "The general public is facing economic problems and the enemy of the common one which is organizing Daash terrorist", calling for "unity of effort and resolve differences in order to address the problems." The Kurdistan Regional Government to export its oil independently announced in the first of the month of July, while calling the President of the Regional Government Nechirvan Barzani of the Kurdistan to conclude a new agreement Baghdad and Erbil because of Baghdad not to send financial dues of the territory in exchange for the amount of oil has been exported.

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General Oil agreement between Baghdad and Erbil will be presented to Parliament!
Readers Number: 43
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21-10-2015 01:00 PM

 

 

 

The government has hinted it seeks the transfer of the oil deal with the Kurdistan region, which is hereby given region, its share of the budget for fiscal 2016 by 17% file, to the House of Representatives. 

A spokesman for the Office of the Prime Minister Saad al-Hadithi: "The region's share subject to the nature of the oil exports, in budget 2015 Select under the oil agreement that the province exported quantity of 550 000 barrels compared to the federal government's commitment to giving him an amount of 17% after deducting expenses sovereign. 

"However, to say," but the reality of the situation the region did not abide by the roof of export and this is what made ​​is unable to fulfill the budget of the provincial government did not send a full share but it was sent commensurate with the volume of oil exports in each month of the Kurdistan region. " 

He stressed newborn "the need to find a consistent plan of action in the implementation of this agreement and this will be a matter present in the parliament a draft 2016 budget law discusses the need to be to reach an agreement in sessions Final through the House of Representatives because this is linked to the stability of Iraq and reconciliation between the political forces and unify efforts to fight terrorism. 

"He stressed that" this will not be until it is determined the mechanism to deal with this issue and abide by it or not and if they do not get it, you will raise the quota for the province or not .. this is under discussion and can not take action right now. 

"The Council of Ministers approved in its extraordinary past Sunday, the draft federal budget for fiscal year 2016 Act, in the amount of 106 trillion dinars, and a deficit estimated at 22.7 trillion dinars, or by 21 % of the total budget in which the oil export estimates built Bmadelha daily 3.6 million barrels, the price of the daily average of $ 45 a barrel. 

Detection and Culture and Tourism Minister Faryad Roandzi allocate 12 trillion and 600 billion dinars as a share of the region of Kurdistan in the budget, "adding" Installing the region's share amounting to 17 percent in the new budget, as opposed to be issued per day 550 000 barrels of oil region and Kirkuk through SOMO by the oil agreement ", calling at the same time, the delegation of the provincial government to Akaddjum quickly to Baghdad in order to sign a new agreement." 

As said a member of the parliamentary Economic Committee, Sabhan Suleiman, yesterday that the budget bill arrived at the Presidency of the Council of Representatives by the government to put on the agenda and approval. "

 

- See more at: http://www.ikhnews.com/index.php?page=article&id=142221#sthash.EgM3npIc.dpuf

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Badri's / scales News /: the budget will not pass the oil-producing provinces did not take their rights

Economy and Tenders

 Since 10.21.2015 at 09:36 (GMT Baghdad)

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Special - scales News

He assured the Committee of the Regions and the provinces parliamentary member Ahmed al-Badri, Wednesday, that he will not pass the federal budget for the next year in 2016 unless it includes the application of the petro-dollar law and give the oil-producing provinces right for every barrel of oil produced, with likely re-budget to the Council of Ministers, the government called for the application of paragraph petrodollars do not even delayed approving the budget

Badri said L / scales News / "The federal budget for 2016 did not include the application of the petro-dollar law and give a share of the oil to the provinces for every barrel of oil produced under the pretext of the economic situation, which is going through the country and the state of austerity going through," noting that "the House of Representatives called for reconsideration In these quotas and included in the budget, otherwise you will be rebalancing to the government. "

The member of the Committee of the Regions and the provinces parliamentary parliamentary cabinet to "reconsider this step and insert a paragraph Alaptroodlaor within the budget and give the oil-producing provinces right order not to delay in approving the budget," noting that "Basra province supply the budget by 85% of the total value so it is imperative that take their rights are and all the oil-producing provinces. "

This "stressed the economic and investment commission in Parliament member Abdul-Karim al-Naqib, on Tuesday, he will study the financial budget for the next year in 2016 to put the mission plans to meet its deficit," while the detection of "The House of Representatives will take up the budget next week."

The "MP for the coalition of state law, Abbas al-Bayati said L / scales News /, on the first Monday that next year's budget in 2016" compelling "and that the presence of a decline in revenue as a result of lower oil prices", calling for "the need to obtain internal loans or external until the shortfall in coverage. "

It is said that "the economic expert on behalf of Antoine said L / scales News /, yesterday Monday, the federal government has made borrowing only way to bridge the fiscal deficit for next year."

It is said that "the Council of Ministers approved, Sunday, the financial budget for next year and amounted to 106 trillion dinars deficit of $ 23 trillion," .anthy 29/28

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Deputy Kurdistan: I will not get into disagreements Baghdad and Erbil approve 2016 budget

Author: Publisheron:

 

October 21, 2015

In: economy

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - a member of the Finance Committee in the House of Representatives said the Kurdistan Alliance bloc, Wednesday, that the dispute between Baghdad and Erbil on the oil agreement political, not legal, indicating that the House will not enter political differences in approving the 2016 budget.

The Council of Ministers approved, last Sunday, the draft budget for fiscal year 2016 Act, amounting to 106 trillion Iraqi dinars (equivalent to US $ 90.9 billion) and a deficit of 23 trillion dinars (equivalent to US $ 19.7 billion).

Said Najiba Najib's (IMN), said that "between the federal government and the Kurdistan Regional Government the problem on the export of oil is a political, not legal, and when the Council of Ministers approved the federal budget bill and kept the oil agreement between the two parties under the terms of the project, it means that there is a tendency to end the political dispute. "

Najib explained that "the House of Representatives will not enter the political differences between Baghdad and Erbil when discussing the federal budget project on the grounds that the Agreement on the oil item add cabinet, which includes representatives of the National Alliance, the political blocs and the Union of Kurdistan forces."

And it adopted the 2016 budget on the sale of oil at $ 45 per barrel and export at a rate of 3.5 million barrels per day, while maintaining the oil agreement between Baghdad and Erbil on the proportion of 17% and export of B550 thousand barrels of oil per day.

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Under section: economicDated: October 21, 2015

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 BAGHDAD / News Network Iraq hinted the government to seeking the transfer of the oil deal with the Kurdistan region, which is hereby given region, its share of the budget for fiscal 2016 by 17% file, to the Council of Alnwab.oukal spokesman for the office of Prime Minister Saad al-Hadithi: "The region's share subject to nature oil exports, in the budget in 2015 identified under the oil agreement that the province exported quantity of 550 000 barrels compared to the federal government's commitment to giving him an amount of 17% after deducting expenses sovereign ".ostdrick said," but the reality of the situation the region did not abide by the roof of export and this is what made is unable to fulfill the government the budget of the province did not send full share, but was sent commensurate with the volume of oil exports in each month of the Kurdistan region, ".ohdd newborn" the need to find a consistent plan of action in the implementation of this agreement and this will be a matter present in the parliament where discuss the draft 2016 budget law sessions It must be to reach an agreement once and for all through the house, because this is linked to the stability of Iraq and accord it between the political forces and unify efforts to fight terrorism ", stressing that" this will not be until it is determined the mechanism to deal with this issue and abide by it or not, and if it does not get Therefore, you will raise the quota for the province or not .. this is under discussion and can not take action right now. "The Council of Ministers approved in its extraordinary past Sunday, the draft federal budget for fiscal year 2016 Act, in the amount of 106 trillion dinars, and a deficit estimated 22.7 trillion dinars, or 21% of the total budget in which the oil export estimates built Bmadelha daily 3.6 million barrels, the price of the daily average of $ 45 a Brmel.sv Minister of Culture and Tourism Faryad Roandzi allocate 12 trillion and 600 billion dinars as a share of the region of Kurdistan in the budget, "noting to "install the region's share amounting to 17 percent in the new budget, as opposed to be issued per day 550 000 barrels of oil region and Kirkuk through SOMO by the oil agreement," calling at the same time the government delegation region to Akaddjum quickly to Baghdad with a view to signing a new agreement ".fima A member of the parliamentary Economic Committee, Sabhan Suleiman, yesterday that the budget bill arrived at the Presidency of the Council of Representatives by the government to put on the agenda and approval. "

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