Baghdad denies the conclusion of a new oil deal with the Kurdistan

[nannab]

Ok Sir Buzzy! While packing a light bag.

[Wiljor]

51 minutes ago, yota691 said:

This is requirement to be in place for the IMF loan to Iraq an Kurdistan...so IMO this is a done deal, the next step is the passage of Oil and Gas Law in the House of Representatives which should be introduce around Sept 20, 2016 per the articles....Package of Laws all in one session...

Thanks againYota, you are on a roll brother,

Things are accelerating folks and we are seeing history in the making, their is no stopping Abadi and team now 

[blueskyline]

Video activation of the oil agreement between Baghdad and Erbil

Published on Sep 1, 2016

Activation of the previous agreement between Baghdad and Erbil regarding the export of oil and the two sides vowed to abide by its provisions apply, it is a response to the political stresses the importance achieved to address the financial crisis. They have expressed their willingness to cooperate with the central government in this regard. In this sense, he stressed Shirzad Qasim, a member of the Kurdistan Democratic Party, that: " The oil agreement , which was already present. This is the agreement that the Iraqi government issued 150,000 barrels a day of Kirkuk oil fields across the Kurdistan pipeline and 350,000 barrels of oil of Kurdistan, and handed this to the Iraqi government, and under which pushes the region 's share of the overall budget 17 percent of the Iraqi budget. this agreement came as a result of the entry of this quantity of oil in the planned 2017 budget. Vbaltaa must be agreed and there are committees formed to carry out this process. this is the second time that such agreements are held. in the year 2015 was also agreed on the issue , but the central government is no financial obligations to the provincial government. this termination of the contract between the provincial government and the center. We in the Kurdistan region willing commitment to this issue. the meeting will be held between the Iraqi Ministry of oil and Minister of natural resources in the Kurdistan region. and that, to study how to implement these requirements and promises and intentions and commitment to this treaty in the future. " for his part , Dr. Knight, a political analyst, that:" this initiative is a good initiative by the government of Kurdistan. It is initiated by this committee and this last time was Beyenna agreement between the government sings issues must agree on them. This timing is good time to go to the Iraqi Kurdish delegation in Baghdad cut - throat. We demand from Baghdad as a people Kurd , said the faces well because Ehna part of Iraq so far. " The Kurdish street, has welcomed the oil Convention between Baghdad and Erbil. He called the two sides to form specialized committees follow up the implementation of its provisions. Citizen Kurds reported that:" Every time becomes agreement and Maku. Ups agreement on paper Maku implementation Ehna want implementation becomes. " As a citizen Kurdish another said:" I fear not be Bs Haji. Ehna want something tangible facts. We want the fact that the application did. We want committees follow this thing until walking country and even Alsok and I cease and the whole world final Suk Maku if the committees are pursuing what benefit this agreement Bs Haji ink on paper. " Previously , the Ministry of Oil Federation confirmed that it seeks to make every effort. And that, to activate the oil deal with the Kurdistan region . it is pointing out that the agreement is in the interest of the country, especially that he will contribute Brphi treasury more money.

[yota691]

Baghdad and Erbil share again in the export of Kirkuk

 

 

Thursday 01-09-2016 | 5:08:42

 

 

 

 

XYZ

Twilight News sources in the oil sector / said on Thursday that the Iraqi Oil Marketing Company (SOMO) government and the Kurdistan Region of Iraq began exporting crude jointly giant Kirkuk field after the conclusion of a new tentative agreement on revenue sharing.

And it halted crude flow from Kirkuk, which is usually up to 150 thousand barrels a day since March amid a dispute over revenue sharing between the central government in Baghdad and Erbil.

Before March, it was the region takes crude flows Kirkuk is individually while Sumo has not experienced any export shipment calculated from the Turkish port of Ceyhan since mid-2015.

The move comes in the wake of a delegation from the Kurdistan Regional Government, headed by Prime Minister Nechirvan Barzani's visit to Baghdad over the past two days, where the Kurdish delegation held meetings with the Baghdad government officials, led by Prime Minister Haider al-Abadi.

 

[easyrider]

something tells me with Mosul almost completed this had been done and signed and READY between Baghdad and Erbil but timing is everything.. I think we should watch what comes forward this month. Sounds to me HCL is just around the corner.

[Candy01]

1 hour ago, Wiljor said:

Thanks againYota, you are on a roll brother,

Things are accelerating folks and we are seeing history in the making, their is no stopping Abadi and team now 

HCL by September 30th!!!!  YESSSS!!

[yota691]

Kurdistan, Iraq jointly export Kirkuk oil again

Posted on September 2, 2016 by Editorial Staff in Economy, Oil & Gas

Photo: AP

LONDON,— Iraqi state oil firm SOMO and Iraq’s semi-autonomous region of Kurdistan have begun jointly exporting crude from the giant Kirkuk oilfield again after cutting a preliminary deal on revenue-sharing, trading sources said on Thursday.

The development signals a breakthrough in relations between Baghdad and Erbil, which have been disputing how to share oil and budget revenues for several years amid fiscal problems on both sides and their fight against Islamic State militants.

The Kirkuk flows, usually amounting to 150,000 barrels per day and exported via the Turkish Mediterranean port of Ceyhan, had been suspended since March as Baghdad pushed Kurdistan to cut a new deal.

 

Before March, Kirkuk flows were unilaterally handled by Kurdistan. SOMO, the State Oil Marketing Organisation, had seen no cargoes exported on its behalf from Ceyhan since mid-2015, when Kurdistan began independent sales of its own crude and Kirkuk oil.

“Shipments on behalf of SOMO have resumed as of six o’clock this morning … While final details of the revenue-sharing deal are still being worked out, the current flows of Kirkuk are being split 50/50 between SOMO and Kurdistan,” one shipping source familiar with the operations said.

Besides Kirkuk, Kurdistan produces around 500,000 barrels per day of crude from its own fields and those will still be marketed independently by the semi-autonomous region.

But the compromise over Kirkuk could be the first step towards a comprehensive deal involving all Kurdish oil.

Baghdad has insisted SOMO is the only entity that can market Iraqi crude. Kurdistan started independent exports after accusing Baghdad of not respecting a previous revenue-sharing deal and not transferring enough money from the federal budget.

Baghdad, which exports most of its oil from the Gulf, has said Erbil was not exporting enough crude under that deal.

FIRST COMPROMISE

Kurdistan urgently needed Kirkuk flows to resume because its own exports do not cover its budget needs, forcing the region to borrow billions of dollars from Turkey, oil firms and trading houses guaranteed by future oil sales.

Lost revenues from the halt in Kirkuk flows had been estimated at more than $1 billion since March.

Last week, Baghdad said that if a new revenue deal were not reached, oil from Kirkuk could be exported by truck via Iran. This week, SOMO blacklisted three ships involved in exporting Kurdish oil.

However, a meeting between Iraqi Prime Minister Haider al-Abadi and Nechirvan Barzani, prime minister of the Kurdistan Regional Government, seems to have broken the ice this week with a preliminary deal reached on Kirkuk oil.

 

The trading source said final details on how to split the Kirkuk flows could be worked out by mid-September.

Ezat Sabir, head of the Finance Committee in the Kurdish Council of Ministers, said his understanding was that the 50/50 split of Kirkuk oil would remain until the year-end, after which Baghdad and Erbil would try to return to full revenue-sharing.

Erbil has said it was ready to hand over all oil exports to SOMO if Baghdad agreed to transfer $1 billion to Erbil from the federal budget each month.

[yota691]

Abadi and Barzani's call for expressing their happiness for the results of the delegation's visit to Baghdad province

Ali Abdul Salman 104  09/01/2016

 

 

 

 Search President of the Kurdistan region, Massoud Barzani, on Wednesday, in a telephone conversation with the prime minister, Haider Abadi shared between Erbil and Baghdad bilateral relations, stressing the continuing communication and cooperation between the two parties. 
The presidency of the Kurdistan region, said in a statement ,, that Barzani, discussed with Abadi, in a telephone relations between Erbil and Baghdad contact " and thanked him for the warm meeting with the delegation of the Government of Aqilm Kurdistan, headed by Nechirvan Barzani, and expressed his delight direction outcome of the meetings, and wished the continuation of communication and cooperation between the two parties." 
for his part, cross - Abadi, expressed "delight direction Visit the Kurdistan region delegation, praising the positive results of these meetings, especially in the field of oil, and the liberation of Mosul. " 
the two sides, according to the statement," the importance of the continuation of relations, cooperation and consultation between the two parties. " 
a delegation of the Kurdistan Regional Government , had visited Baghdad first yesterday and held meetings , including with Prime Minister Haider al - Abadi series, the two sides agreed to hold technical talks between the Federal Ministry of oil and mineral wealth in the region on issues related to the production and distribution of oil through the region and the Kirkuk oil fields.

[Synopsis]

The second to last article states, "The trading source said final details on how to split the Kirkuk flows could be worked out by mid-September."

If the article was referring to mid-September of 2016, this is a significantly short term (relatively speaking) for Iraq to do anything specific.  From the article, looks hopeful the entire revenue sharing agreement could be put in place by year end.  I thought it interesting mid-September was mentioned because that is the time when the parliament will reconvene after their feast.  Maybe, just maybe, the event we have been looking for will, indeed, occur in September 2016!

                       

[funinsun]

Good morning Yota and DV.  What great articles!   This is so amazing how much they have done in such a short period of time. I can't seem to get my head around the fact that they actually refer to getting something done in a specific time frame - mid September. 

[yota691]

Here is the links to the agenda and time frame....and GM all of DV....

Quote

 Which will be submitted to the House of Representatives around the 20th of Sept in series of Package laws.

 

[yota691]

Baghdad and Erbil to resume exporting oil joint Kirkuk (Details)

03-09-2016 01:38 PM

Hits: 610

 

Orbit News -

 

 

Resumed crude oil export jointly giant Kirkuk field in the oil sector sources said, that the Iraqi State Oil Marketing Company (SOMO) and the Kurdistan region, after the conclusion of a new tentative agreement on revenue sharing.

 
This development indicates a breakthrough in relations between Baghdad and Erbil, after a dispute lasted a few years on how to share oil revenues and the budget, the center of the two sides are locked in battles against al organization «Daesh financial problems».

 
The crude flows from Kirkuk - which arrive normally to 150 thousand barrels per day and is being exported via the Turkish port of Ceyhan on the Mediterranean Sea - have been suspended in March / March and urged Baghdad Kurdistan on a new agreement.

Before March was the region assume command of Kirkuk crude flows individually, while not seen (SOMO) export any shipment computed from the port of Ceyhan since mid-2015, when it began an independent Kurdistan and Kirkuk crude oil sales.

A source familiar with the shipping operations «shipments on behalf of the sumo resumed ... and while it is still being worked on final details of an agreement for revenue sharing, the current flows of raw Crook being divided 50/50 between sumo and Kurdistan.»

Besides Kirkuk crude from Kurdistan produces about 500 thousand barrels per day of oil from the exclusive fields, and the region will continue in the marketing of that amount independently.

But the compromise on Kirkuk could be the first step towards a comprehensive agreement that includes all Kurdish oil.

Baghdad insists that (SOMO) is the only entity that can the Iraqi State Oil Marketing. And it began an independent Kurdistan exports after Baghdad accused of not respecting a previous agreement to share revenues and not to transfer sufficient funds from the federal budget. She Baghdad, which exports most of its oil through the Gulf of Arbil were not issued sufficient quantities of crude under that agreement.

Kurdistan and in urgent need for the resumption of Kirkuk crude flows, because the exclusive exports do not cover the needs of the budget, which would force the province to borrow billions of dollars from Turkey and oil companies and commercial enterprises to ensure future oil sales.

Estimates indicate that the revenues lost because of Kirkuk crude flows stopped amounted to more than a billion dollars since March.

Baghdad said last week that if it does not reach a new agreement on revenue, the oil of Kirkuk has being exported by truck through Iran. And banned (SOMO) this week to deal with the three ships involved in the export of Kurdish oil.

But a meeting between Prime Minister Haider al-Abadi, the prime minister of the Kurdistan Regional Government Nechirvan Barzani, it seems to break the ice during last week to reach a first agreement on Kirkuk's oil.

The source said the oil sector if the final details on how to divide Kirkuk flows could be reached by mid-September / September this.

[chinadawg]

22 hours ago, yota691 said:

Here is the links to the agenda and time frame....and GM all of DV....

 

oh yes.....any idea Master Yota what's in that basket of gifts ???

[Wiljor]

 

 

IRAQ AND KRG AGREE TO SPLIT KIRKUK REVENUES 50/50 AND FIGHT ISIS IN MOSUL

Iraq, September 3, 2016  Iraq and the semi-autonomous region of Kurdistan have restarted joint exports of crude from the Kirkuk oil field, after the two parties reached a preliminary revenue-sharing deal earlier this week, industry contacts told Reuters on Thursday. The agreement came to fruition during recent meetings in Baghdad between high-level officials from Baghdad and Erbil, including Iraqi Prime Minister Haider al-Abadi and KRG Prime Minister Nechirvan Barzani. One shipping source said that revenues from Kirkuk’s oil trade would be split 50/50 between Iraq’s State Organization for the Marketing of Oil and Kurdistan under the new deal, though the agreement's final details will be sorted out during upcoming discussions between the Iraqi Oil Ministry and the KRG’s Natural Resources Ministry. ADVERTISEMENT x The officials also discussed the nearing operation for the liberation of Mosul and the future of the city and its citizens once the Islamic State has been removed. “We have an initial agreement with the Kurdistan Region on the participation of all components in the Mosul liberation operation and the future administration of the city when IS is pushed out,” Salim al-Jibouri, the Speaker of the Iraqi Parliament told Kurdistan24.

The two sides agreed to coordinate attacks against the terrorist group in Mosul and will work together to return internally displaced persons to their homes, a joint statement by the Iraqi government and the KRG said. Barzani presented a firm stance regarding the post-ISIS political future of Kurdistan at the meetings, Erbil spokesman Sami Argoshi said, though Saad al-Hadithi, al-Abadi’s spokesman, later said no official discussions on Kurdish independence took place. A dispute between Baghdad and Erbil on the terms of a previous revenue-sharing agreement left the Kurdish Regional Government (KRG) the sole manager of Kirkuk’s oil - roughly 150,000 barrels per day - until March of this year. The KRG shipped oil from the Kirkuk oilfield, as well as several other sites within its borders, to global markets via Turkey, independent of Baghdad’s export contracts. By April, disagreements surrounding the terms of a new revenue-sharing contract led Iraq to cut off the pipeline flow of Kirkuk crude to the KRG, blocking revenues for the cash-strapped regional government in the throes of the war against ISIS. Earlier this week, SOMO blacklisted three tankers from using Iraqi ports because they had been working with the Kurds to export oil to markets in Turkey. On Wednesday, Baghdad said that if the two sides did not agree on a revenue-sharing deal soon, Iraq would consider trucking oil from Kirkuk to Iran instead of using a pipeline that runs through the KRG to bring crude to international markets. Kirkuk Governor Najmuddin Karim of the Kirkuk province commented yesterday that he would not allow the Iraqi government to truck its fuel to Iran if negotiations broke down, citing environmental and infrastructural concerns.     http://iraqdailyjournal.com/story-z13836912

[yota691]

Road map to resolve the problems of oil

 

 

9/4/2016 0:00   {Morning} unique to publish details of the agreement between Baghdad and Erbil   BAGHDAD - Alaa al - Taie       select recent agreement between Baghdad and Erbil on resolving the dilemmas relating to oil from Kirkuk, Landmarks "road map" to reset the differences between the two sides, especially after the announcement of the details of  its provisions.  According to the Financial Advisor to the Prime Minister the appearance of Mohammed Saleh, the agreement provided that " the export of 150 thousand barrels of oil per day from the fields (Baba Karkar) and (baker) through the pipeline region line up to the Turkish port of Ceyhan, provided delivery of oil revenue source to the national Company for the export of crude oil , " Sumo "according to the Constitution, to allocate 50 percent of the financial revenues of the amounts exported to solve the financial problem in Kirkuk adoption tables and calculations show the region 's share of  monthly.  Saleh explained that the text of the agreement also provided that " the government pays the province Peshmerga expenses of military supplies and the rest stationed military forces in Kirkuk, while The federal government provide for the salaries of civil servants from the second half of the proceeds from the agreement between the parties. " He  also noted that the success of the agreement between Baghdad and Erbil on Kirkuk oil paves the way for an agreement biggest solve oil problems between the two parties over the continuation of the talks and sit down at the negotiations , which is the best solution for all differences table.

[yota691]

«Morning» publish details of the oil agreement between Baghdad and Erbil

 

 

9/4/2016 0:00  Between the center and the region compromises on Kirkuk 's oil revenues   BAGHDAD - Alaa al - Tai   came out of intensive meetings , the results between the delegation of the province , who visited Baghdad earlier in advance of the federal government, the agreement described Mouncef around Kirkuk and the mechanism of salary distribution in this province between affiliates security Alemtemthleen peshmerga Who 's in, and affiliates in circles civil, according to observers, this agreement came to break the ice interval between Baghdad and Erbil, and can prepare a road map to resolve all the problems outstanding in accordance with the Constitution and transparent laws that guarantee the rights of all, especially that the agreement built according to the constitutional article that defines the oil and gas that belongs to the Iraqi people.  financial Advisor to the Prime Minister and explain the appearance of the benefit of the agreement by saying that « the talks that took place between the Prime Minister Haider al - Abadi and the delegation of the province resulted in the agreement on the export of 150 thousand barrels of oil per day from the fields of Baba Karkar and the baker through the pipeline region line up to the Turkish port of Ceyhan, as stipulated agreement delivery source of oil revenues and the jurisprudence of the Iraqi Foundation for the export of crude oil «Sumo» according to the constitution that allocates 50 percent of the financial revenues of the amounts exported to solve the financial problem in Kirkuk ,according to the tables and calculations show the region 's share of monthly ».  Saleh said that« the agreement provides for pay the provincial government in accordance with the agreement of the Peshmerga expenses and military Omstlzimadtha and the rest stationed military forces in Kirkuk »as ensures« the federal government salaries of civil servants in Kirkuk from the second half of the proceeds from the agreement between the two parties, they are paid by the federal government of the 75 revenue thousand barrels remaining ».  observers They praised the agreement between the federal government and the provincial government, hoping that both sides will reach a comprehensive agreement to resolve the oil problems.   with the benefit went to the view of the observers by saying «that the success of the agreement between Baghdad and Erbil on Kirkuk oil pave the biggest solve oil problems between the two parties over the continuation of the talks and a table for agreement negotiations , which is the best solution to solve the problems »revealed the existence of steps could potentially facilitate the negotiating table, including oil operations and agreements that took place between the center and the region governance.  He disclosed the financial advisor to the Prime Minister, for subjecting oil operations and returns to scrutiny by the world Commission and auditors of international specialists and in accordance with international global standards and the principle of transparency to settle the problems and accounts relating to the previous agreement of the oil and irregularities in terms of production, income and production costs and get the province to 17 percent of the budget. »

[captl1]

Thanks Yota and good morning. Well this is certainly a step in the right direction.

[Wiljor]

ZEBARI: ERBIL-BAGHDAD WILL EQUALLY SHARE OIL EXPORT REVENUES

Iraq, September 4, 2016 Iraqi Finance Minister Hosyar Zebari said Saturday that revenues from a recent oil accord between Baghdad and Erbil are to be shared equally, adding that “a very good portion” of the oil already had been exported through a pipeline to Turkey.   In an interview with Rudaw TV, Zebari said that a visit to Baghdad by Kurdish Prime Minister Nechirvan Barzani last Monday had been “crucial” to breaking a six-month deadlock over oil exports.   “Mr. Barzani’s visit to Baghdad and meetings he had with Baghdad authorities were crucial and successful,” said Zebari, who is a Kurd.   “The pending and basic issues between Baghdad and Erbil were discussed, including the questions of budget, oil, liberation of Mosul, intelligence and security coordination between Baghdad and Erbil, as well as the future of the Kurdistan Region with Baghdad,” he said.   Asked whether the Iraqi government was ready to sell Kurdish oil and provide the 17 percent budget share that constitutionally belongs to Erbil, Zebari said: “This topic was discussed. In fact there was such an agreement in the past… for exporting Kirkuk oil through the Kurdish pipelines to the Turkish Ceyhan port, and the revenue will be shared equally.”   “As of now a very good portion has been exported,” Zebari said.   According to the agreement signed following Barzani’s talks, at least 150,000 barrels per day (bpd) of oil from Kirkuk will be jointly exported to Turkey by Erbil and Baghdad.   Regarding the question of Kurdish independence from Iraq, Zebari said: “this topic was discussed with representatives of our Shiite brothers. The future of Kurdistan and its shape were discussed.”   Zebari added that “We signed an agreement and formed two committees. In general, the taboo of topics that could not be discussed was broken.”   rudaw http://iraqdailyjournal.com/story-z13844630

[olivesman]

BUMPITY BUZZITY BUMP

 

[calkid11]

Thank you Yota 

[captl1]

Mas Tequila Wiljor!

[Wiljor]

5 minutes ago, captl1 said:

Mas Tequila Wiljor!

 right with ya brother.......Mas Tequila!! 

[olivesman]

8 hours ago, Wiljor said:

 right with ya brother.......Mas Tequila!! 

And one or two shots for me!

 

[Freedomwish]

1 hour ago, olivesman said:

And one or two shots for me!

 

HOT BUZZY DIGGITY DOG!!!!  

YA'LL ALREADY KNOW WHAT I'LL BE DRINKING!!! LET'S DO THIS!!! 

 

[yota691]

Parliamentary Energy: waiting for approval of oil and gas law from the government for legislation

History of edits:: 9/5/2016 11:40 • 439 visits readable

{Baghdad: Euphrates News} Commission on oil and energy parliamentary explained, it was waiting for approval of oil and gas law, from the government for the purpose of the legislation in the House.

Committee Chairman Erez Abdullah, told {Euphrates News}, the latest version of the draft law "drawn by the government to redraft and consider it, but until now did not get us a new project or the old , " noting that "we are waiting for a new project or remodeling project {old} to parliament in order to proceed. " 
he explained , " without an agreement between the federal and provincial government and the oil - producing provinces, the enactment of the oil and gas law cause other problems, so the law requires agreements and then the legislation in the House of Representatives. " 
he was a member of the legal Committee in parliament MP for a coalition of Kurdish blocs Amin Bakr, confirmed in 27 of last August, the intention of parliament to approve a draft oil and gas law in the coming period. 
he said Baker's {Euphrates News}, "we have a package of laws , including the justice and accountability and financial laws exempting companies from taxes and the oil law and gas, "he said . " there 's determination to approval. " 
It is said that several laws approved in parliament crashes since the previous sessions and the most important of the National Guard, oil and gas and other laws of the Federal Court after disagreements revolve around by the political blocs.Finished 1