Oil Ministry: Government Erbil recognizing oil export file to be Kurdistan Regional distribution of salaries

[yota691]

Oil Ministry: Government Erbil recognizing oil export file to be Kurdistan Regional distribution of salaries

Wrote: November 29, 2016

Stressed the Iraqi Oil Ministry on the need to receive a file extracted oil from the Kurdistan region and some of the province of Kirkuk fields and export fields, according to official and legal mechanisms used by the Iraqi oil marketing company SOMO in terms of accuracy exported quantities of crude oil and the revenues generated from that which automatically goes to the federal treasury, where It is distributed according to the operating and investment budget, which annually Thoudy approval of the House of Representatives against the payment of the salaries of provincial employees.

According to a statement issued by the ministry said the government Arbil commitment to the Convention concluded with Baghdad on the salaries paid to employees in the Kurdish cities, warning of the consequences of non-delivery of the region agreed extracted from crude oil amounts of fields and caused a sharp deficit in the state budget.

As happened in the past years, the ministry said that the federal government does not assume responsibility for delaying dues region Exchange and the salaries of staff due to the non-delivery of the Government of Irbil to file oil to the Baghdad government.

[EagleEye]

IS THIS AS BIG AS IT SOUNDS>>>OIL MINISTRY READY TO ACKNOWLEDGE KURDISH SALARIES !!! ??? Yota what say you ???

[siberian_shaddow]

Much appreciated Yota, That's a big step and promising if i read it right.

[sandfly]

Thanks 

[Wiljor]

Oil vs. salaries: Baghdad, KRG reach final agreement 

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29/11/2016 10:51:00

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     OIL VS. SALARIES: BAGHDAD, KRG REACH FINAL AGREEMENT 

 

The Federal Government had welcomed the Government of Kurdistan Region's decision   to hand over oil of Kurdistan and parts of Kirkuk oil fields in order to provide the monthly salaries of all Kurdish civil servants.
In a statement issued by the federal oil ministry, PUKmedia received a copy, stressed on the importance to receive oil from the region and Kirkuk, the exporting shall be according to SOMO's legal measurements and its revenue would return to the federal treasury. The revenues shall be distributed according to the Investment and operational budget which had the Iraqi Parliament's annual approval, the statement added.
The KRG is obligated to provide the monthly salaries of all Kurdish civil servants, not committing to its oil agreement with the federal government had caused a defect in the federal budget over the last years. 
The Iraqi Prime Minister Mr. Haider al-Abadi had announced in many occasions, the willing of the federal government to provide the monthly salaries, but the KRG didn’t commit to the agreement and as a result, the federal government is not responsible for the delay in providing the salaries.
The exports and sales of the Kurdistan’s oil, as well as part of the Kirkuk oil fields, has damaged Iraq’s and the Kurdistan Region’s revenue as it is being sold for less than the price in the international markets, the statement added.
The federal government and Oil Ministry are determent to end the salaries crisis in Kurdistan Region, stressing that the people in Kurdistan and other Iraqi provinces should shear the revenues of their country's oil. 
Officials from the KRG and Baghdad signed a revenue-sharing agreement in December 2014 which would have the Iraqi federal government provide the KRG with 17 percent of the federal budget in return for oil exports amounting to 550,000 bpd.
That deal collapsed months later when the KRG ceased transfers to the Iraqi State Organization for Marketing Oil (SOMO) altogether. Baghdad in turn stopped transfers of budget payments.
Rawaa Samer 
PUKmedia 

[tigergorzow]

Wiljor Thanks,  DV,  Excellent news so please get that darn "HCL" approved & voted on in Parliament.  The Oil Revenue belongs to all Iraqis as well as an increase in purchasing power of the IQD for us DV members & the rest of the world.  

Keeping the faith!!

GO RV!!

[fishing]

 

Great news yota! This is one more nail!

[yota691]

Iraqi parliament ends of the Kurdistan share of budget 2017

Tuesday 29-11-2016 | 10:37:03

 

 

 

 

M m r

Twilight News / Second Deputy Speaker of Parliament Aram Sheikh Mohammed, on Tuesday, announced that all the members of the parliamentary finance committee agreed on the financial benefits for the Kurdistan Region.

In a statement to the media office of Sheikh Mohammed, responded to Twilight News, he participated today in the parliamentary finance committee meeting, explaining that the Presidency is ready to cooperate in any area in order to approve the federal budget for the 2017 Act and approved on time. 
He said Sheikh Mohammed, the All deputies of the Finance Committee agreed on the financial benefits of the region of Kurdistan, and the right of Parliament to express an opinion on the budget bill, referring to the responsibility of the Commission vice - informed on the latest draft of the bloc and communicate with them in order to initiate to resolve differences and find a common formula.

[gregp]

If they agreed on the financial benefits for Kurdistan, then i would speculate the HCL is in place also.

[EagleEye]

2 hours ago, gregp said:

If they agreed on the financial benefits for Kurdistan, then i would speculate the HCL is in place also.

I sure hope you are right GP

[gregp]

1 minute ago, EagleEye said:

I sure hope you are right GP

Me too my friend. 

[10 YEARS LATER]

12 hours ago, Wiljor said:

Oil vs. salaries: Baghdad, KRG reach final agreement 

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29/11/2016 10:51:00

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     OIL VS. SALARIES: BAGHDAD, KRG REACH FINAL AGREEMENT 

 

The Federal Government had welcomed the Government of Kurdistan Region's decision   to hand over oil of Kurdistan and parts of Kirkuk oil fields in order to provide the monthly salaries of all Kurdish civil servants.
In a statement issued by the federal oil ministry, PUKmedia received a copy, stressed on the importance to receive oil from the region and Kirkuk, the exporting shall be according to SOMO's legal measurements and its revenue would return to the federal treasury. The revenues shall be distributed according to the Investment and operational budget which had the Iraqi Parliament's annual approval, the statement added.
The KRG is obligated to provide the monthly salaries of all Kurdish civil servants, not committing to its oil agreement with the federal government had caused a defect in the federal budget over the last years. 
The Iraqi Prime Minister Mr. Haider al-Abadi had announced in many occasions, the willing of the federal government to provide the monthly salaries, but the KRG didn’t commit to the agreement and as a result, the federal government is not responsible for the delay in providing the salaries.
The exports and sales of the Kurdistan’s oil, as well as part of the Kirkuk oil fields, has damaged Iraq’s and the Kurdistan Region’s revenue as it is being sold for less than the price in the international markets, the statement added.
The federal government and Oil Ministry are determent to end the salaries crisis in Kurdistan Region, stressing that the people in Kurdistan and other Iraqi provinces should shear the revenues of their country's oil. 
Officials from the KRG and Baghdad signed a revenue-sharing agreement in December 2014 which would have the Iraqi federal government provide the KRG with 17 percent of the federal budget in return for oil exports amounting to 550,000 bpd.
That deal collapsed months later when the KRG ceased transfers to the Iraqi State Organization for Marketing Oil (SOMO) altogether. Baghdad in turn stopped transfers of budget payments.
Rawaa Samer 
PUKmedia 

This is what I needed to see ------- " Oil vs. salaries: Baghdad, KRG reach final agreement " Numerous related articles to salaries, cooperation, financial benefits  etc., however, up till now I've not seen the words . . . " Final Agreement " so prominently displayed on anything related to the Oil & Gas issues.

I would like to believe [ other key issues have apparently been agreed/resolved ] we may finally be VERY CLOSE to the End Game here with the HCL for REAL this time.

Great find Wiljor  . . . If they stick to their guns and to pas the 2017 Budget and push thru the HCL before the close of business 2016, it would be a Milestone like no other in Iraqs' brief history as a Democracy - - -  perhaps . . . very, very SOON.