6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 oil minister ihsan abdul jabbar said may 7th that the oil ministry would begin implementing a february federal court ruling that deemed the legal foundations of the kurdistan region's oil and gas sector unconstitutional after failed talks with the regional government. the iraqi ministry of oil has appointed international law firm cleary gottlieb stein & hamilton to contact oil and gas companies operating in the kurdistan region "to begin discussions so that their operations comply with applicable iraqi law," according to a copy of a letter sent on may 8 seen by reuters. the letter added that the implementation of the court's ruling would require changes to corporate contract systems. a source said that other companies had received a letter directly from the oil minister. the kurdistan regional government has repeatedly rejected the federal court's ruling. the speech marks the first direct contact between the ministry and oil companies operating in the kurdistan region. the move follows years of attempts by the federal government to control the kurdistan region's revenues, including local court rulings and threats of international arbitration. the results of the latest move are not yet fully clear, as the new iraqi government is still in formation despite seven months of elections. a joint government committee, comprising representatives of the oil ministry, including the minister, the iraqi national oil company and the federal financial control office, will conduct a review of the contracts, a legal adviser to the iraqi oil ministry told reuters on condition of anonymity. the chancellor added that the aim was to eventually sign contracts with the central government and not with the krg. foreign oil companies operating in the kurdistan region of iraq, including genel energy, chevron and gulf keystone, as well as cleary gottlieb, declined to comment. the iraqi oil ministry and dnos oil and gas company have not yet responded to requests for comment. an oil ministry official said the ministry had not yet received responses from the companies concerned and that if it did not receive a response, it would take further legal action, and did not give further details. a representative of the oil companies told reuters that foreign oil companies would likely not communicate directly with baghdad without coordinating with the kurdistan government of iraq. 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 20, 2022 Author Report Share Posted May 20, 2022 Federal Oil begins new procedures regarding the oil file in the Kurdistan region 2022.05.19 - 23:25 Baghdad - people The Iraqi Oil Ministry has asked oil and gas companies operating in the Kurdistan region to sign new contracts with the state-owned Marketing Company (SOMO) instead of the regional government, in a new attempt to control revenue from the semi-autonomous region. Oil Minister Ihsan Abdul-Jabbar said on May 7 that the Oil Ministry would start implementing the Federal Court ruling issued in February, which deemed the legal foundations of the oil and gas sector in the Kurdistan region unconstitutional after talks with the regional government failed. Iraq's oil ministry has appointed international law firm Cleary Gottlieb Steen & Hamilton to reach out to oil and gas companies operating in the Kurdistan region "to begin discussions to bring their operations into compliance with applicable Iraqi law," according to a copy of a May 8 letter seen by Reuters. The letter added that implementing the court's ruling would require changes to the companies' contract systems. A source said that other companies received a letter addressed to them directly from the Minister of Oil. The Kurdistan Regional Government has repeatedly rejected the Federal Court's ruling. The letter constitutes the first direct communication between the ministry and the oil companies operating in the Kurdistan region. The move comes after years of continuous attempts by the federal government to control the revenues of the Kurdistan region, including rulings from local courts and threats to resort to international arbitration. The results of the latest step are not fully clear, as the new Iraqi government is still under formation despite the passage of seven months since the elections. A legal adviser to the Iraqi Oil Ministry told Reuters on condition of anonymity that a joint governmental committee, which includes representatives from the Oil Ministry, including the minister, the Iraqi National Oil Company and the Federal Financial Supervision Bureau, will conduct a review of the contracts. The adviser added that the goal is to sign contracts in the end with the central government and not with the Kurdistan Regional Government. Foreign oil companies operating in the Kurdistan region of Iraq, including Genel Energy, Chevron and Gulf Keystone, as well as Cleary Gottlieb, declined to comment. The Iraqi Oil Ministry and DNO Oil and Gas did not immediately respond to requests for comment. An official in the Ministry of Oil said that the ministry has not yet received responses from the concerned companies, and if it does not receive a response, it will take further legal measures, without giving further details. A representative of the oil companies told Reuters that foreign oil companies will likely not communicate with Baghdad directly without coordination with the Kurdistan Regional Government of Iraq. 1 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 Oil calls on oil companies operating in Kurdistan to transfer their contracts to SOMO Posted 5 seconds ago Oil calls on oil companies operating in Kurdistan to transfer their contracts to SOMO - Iraq News (iraqakhbar-com.translate.goog) news sourcechange channel The Ministry of Oil has asked oil and gas companies operating in the Kurdistan region to sign new contracts with the state-owned marketing company SOMO instead of the regional government, in a new attempt to control revenue from the region. Wethiqah quoted Oil Minister Ihsan Abdul-Jabbar that the ministry will start implementing the Federal Court ruling issued in February, which considered the legal foundations of the oil and gas sector in the Kurdistan region unconstitutional after the failure of talks with the regional government. 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 In the document .. Initiating a criminal case against the Minister of Oil for his failure to implement the decision of the Federal Court Posted 14 seconds ago بالوثيقة.. تحريك دعوى جزائية ضد وزير النفط لامتناعه عن تنفيذ قرار المحكمة الاتحادية - اخبار العراق (iraqakhbar-com.translate.goog) news sourcenews Minister of Oil, Ihsan Abdul-Jabbar (Alsumaria News) - Representative Hadi Al-Salami filed a criminal suit against Oil Minister Ihsan Abdul-Jabbar for the latter's failure to implement the Federal Court's decision regarding the federal government's receipt of crude oil from the Kurdistan region. According to a document issued by Al-Salami obtained by Alsumaria News, “in view of the failure of the Minister of Oil, Ihsan Abdul-Jabbar, to implement the decision of the Federal Court and not to issue an official warning to the Kurdistan Regional Government or the Ministry of Natural Resources to hand over crude oil exported from the territory of the region, and since the mentioned actions It constitutes a crime of willful refusal to implement decisions issued by the judiciary and is punishable according to Article (329) of the Iraqi Penal Code, in addition to the fact that it constitutes intentional damage to public funds and is criminalized in accordance with Article (340) of the Penal Code. According to the document, the deputy requested “to initiate a criminal case and take legal measures against the accused and his ministry employees involved in this crime directed against the people’s wealth and money protected under the provisions of the constitution and decisions of the Federal Court.” 2 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 With The Document. The Ministry Of Oil Manages The Issue Of Crude Exports From Kurdistan Based On The Decision Of The Federal Court Author: AhadNA1 in 2022/5/20 - 11:38 am with the document. ministry of oil manages crude export file from kurdistan based on federal court decision - covenant news (alahadnews.net) 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 2022/05/20 14:46 number of readings 250 Section : video library Finance Minister: We have not received any money from the region's oil imports (almasalah-com.translate.goog) Finance Minister: We have not received any money from the region's oil imports Baghdad/The Obelisk: 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 With The Document. The Ministry Of Oil Manages The Issue Of Crude Exports From Kurdistan Based On The Decision Of The Federal Court with the document. ministry of oil manages crude export file from kurdistan based on federal court decision - covenant news (alahadnews.net) Author: AhadNA1 in 2022/5/20 - 11:38 am 146 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 Iraq’s efforts to control revenue collected by the Kurdistan Regional Government (KRG) have extended to requests for oil and gas firms operating in the semi-autonomous region to sign new contracts with state-owned marketer SOMO rather than the KRG. Oil Minister Ihsan Ismael on May 7 said Iraq’s oil ministry would start implementing a February federal court ruling that deemed the legal foundations of the Kurdistan region’s oil and gas sector unconstitutional. A letter seen by Reuters shows that the oil ministry appointed international law firm Cleary Gottlieb Steen and Hamilton to approach some oil and gas firms operating in the Kurdistan region to “initiate discussions to bring their operations into line with applicable Iraqi law.” Implementing the court decision “will require changes to the contractual regime” for the companies, the letter added. Other firms received a letter directly from the oil minister, one source said. The KRG has repeatedly rejected the federal court ruling. The letters, which were sent on May 8, mark the first direct contact between the ministry and oil firms operating in the Kurdistan region. The move follows years of attempts by the federal government to bring KRG revenues under its control, including local court rulings and threats of international arbitration. The implications of the latest move are not fully clear as more than seven months since elections in Iraq, the formation of a government is still underway. An Iraqi oil ministry legal adviser, who spoke on condition of anonymity, told Reuters that a joint government committee, including representatives from the oil ministry including the minister, Iraq’s National Oil Company (INOC) as well as the Federal Board of Supreme Audit (FBSA), will conduct a contractual review. The aim is to eventually sign contracts with the central government and not the KRG, the adviser added. Foreign oil firms present in the Kurdistan region including Genel Energy, Chevron and Gulf Keystone , and Cleary Gottlieb declined to comment, while Iraq’s oil ministry and oil and gas firm DNO did not immediately respond to requests for comment. The oil ministry has yet to receive responses from the companies concerned and could take further legal measures in the case of no response, one oil ministry official said, without elaborating. Foreign oil firms are unlikely to engage with Baghdad directly without coordination with the KRG, one oil firm representative told Reuters. Tensions flare Baghdad’s persistent attempts to implement the ruling have the capacity to worsen already fraught tensions with Irbil. Iraq’s state-owned North Oil (NOC) claimed on Saturday that KRG forces took control of some oil wells in the disputed region of Kirkuk but the KRG denied the allegation, claiming it was designed to create chaos. On May 12, INOC published an analysis detailing how the KRG’s production-sharing contracts are financially worse for both the government and foreign oil firms than federal Iraq’s own technical service contracts. Meanwhile, Iraq has struggled to attract major fresh investments into its federal energy industry since signing a flurry of post U.S.-invasion deals over a decade ago. The Iraqi government has cut oil output targets repeatedly as international oil companies that signed those initial deals leave due to poor returns. Ismael on Monday said Iraq now plans to boost its crude production capacity from around 5 million barrels per day (bpd) to 6 million bpd of crude capacity by the end of 2027, a sharp downward revision from a previous target of 8 million bpd by that year 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 2 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 Iraq has made a fresh attempt to control revenue from the semi-autonomous region of Kurdistan by asking oil and gas firms operating there to sign new contracts with state-owned marketer SOMO rather than the Kurdistan Regional Government (KRG). Oil minister Ihsan Ismael said on May 7 that Iraq’s oil ministry would start implementing a February federal court ruling which deemed the legal foundations of the Kurdistan region’s oil and gas sector unconstitutional. A letter seen by Reuters shows the oil ministry appointed international law firm Cleary Gottlieb Steen and Hamilton to approach some oil and gas firms operating in the Kurdistan region to “initiate discussions to bring their operations into line with applicable Iraqi law.” Implementing the court decision “will require changes to the contractual regime” for the companies, the letter added. Other firms received a letter directly from the oil minister, one source said. The KRG has repeatedly rejected the federal court ruling. The letters, which were sent on May 8, marks the first direct contact between the ministry and oil firms operating in the Kurdistan region. The move follows years of attempts by the federal government to bring KRG revenues under its control, including local court rulings and threats of international arbitration. The implications of the latest move are not fully clear as more than seven months since elections in Iraq, the formation of a government is still underway. An Iraqi oil ministry legal adviser, who spoke on condition of anonymity, told Reuters that a joint government committee including representatives from the oil ministry including the minister, Iraq’s National Oil Company (Inoc) and the Federal Board of Supreme Audit (FBSA) will conduct a contractual review. The aim is to eventually sign contracts with the central government and not the KRG, the adviser added. Foreign oil firms present in the Kurdistan region including Genel Energy, Chevron and Gulf Keystone, and Cleary Gottlieb declined to comment, while Iraq’s oil ministry and oil and gas firm DNO did not immediately respond to requests for comment. The oil ministry has yet to receive responses from the companies concerned and could take further legal measures in the case of no response, one oil ministry official said, without elaborating. Foreign oil firms are unlikely to engage with Baghdad directly without coordination with the KRG, one oil firm representative said. 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 expert identifies three reasons why the federal ministry of oil is in control of the province's oil 2022.05.20 - 19:24 expert identifies three reasons why the federal ministry of oil is in control of the province's oil (nasnews.com) like 0 baghdad - nas "the situation for baghdad is not good now," said reboir mohammed amin, an oil and gas expert. "foreign oil companies have great experience and skilled legal consultants, and after careful scrutiny, these companies have concluded contracts in the region, and some contracts have stipulated that the situation will not change with legal changes in iraq, and the contracts have confirmed the use of international arbitration in the event of internal problems, which is another obstacle," amin said in a blog post by nas (may 20, 2022). "because iraq is a member of opec and is under pressure from the united states and europe to increase oil exports, and since opec joined the russian-chinese front and stood against u.s. demand, baghdad cannot create problems at this time to export more than 600,000 barrels of daily oil from the region, further disrupt the world oil market and raise oil prices," he said. the iraqi ministry of oil has asked oil and gas companies operating in the kurdistan region to sign new contracts with the state-owned marketing company somo instead of the regional government, in a new attempt to control revenues from the semi-autonomous region. oil minister ihsan abdul jabbar said may 7th that the oil ministry would begin implementing a february federal court ruling that deemed the legal foundations of the kurdistan region's oil and gas sector unconstitutional after failed talks with the regional government. the iraqi ministry of oil has appointed international law firm cleary gottlieb stein & hamilton to contact oil and gas companies operating in the kurdistan region "to begin discussions so that their operations comply with applicable iraqi law," according to a copy of a letter sent on may 8 seen by reuters. the letter added that the implementation of the court's ruling would require changes to corporate contract systems. a source said that other companies had received a letter directly from the oil minister. the kurdistan regional government has repeatedly rejected the federal court's ruling. the speech marks the first direct contact between the ministry and oil companies operating in the kurdistan region. the move follows years of attempts by the federal government to control the kurdistan region's revenues, including local court rulings and threats of international arbitration. the results of the latest move are not yet fully clear, as the new iraqi government is still in formation despite seven months of elections. a joint government committee, comprising representatives of the oil ministry, including the minister, the iraqi national oil company and the federal financial control office, will conduct a review of the contracts, a legal adviser to the iraqi oil ministry told reuters on condition of anonymity. the chancellor added that the aim was to eventually sign contracts with the central government and not with the krg. foreign oil companies operating in the kurdistan region of iraq, including genel energy, chevron and gulf keystone, as well as cleary gottlieb, declined to comment. the iraqi oil ministry and dnos oil and gas company have not yet responded to requests for comment. an oil ministry official said the ministry had not yet received responses from the companies concerned and that if it did not receive a response, it would take further legal action, and did not give further details. a representative of the oil companies told reuters that foreign oil companies would likely not communicate directly with baghdad without coordinating with the kurdistan government of iraq. 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 salami sues oil minister for failing to implement federal court decision on territory Al-Ahd satellite channel | Al Ahad TV | Salami sues oil minister for failing to implement Federal Court decision on territory 22-05-20 12:30:00 covenant / baghdad mp hadi al-salami filed a criminal case against oil minister ihsan abdul jabbar for failing to implement the federal court's decision to hand over crude oil from the kurdistan region. according to a document issued by salami obtained by the covenant website on friday, "in view of the failure of oil minister ihsan abdul jabbar to implement the federal court's decision and the failure to issue a formal ultimatum to the kurdistan regional government or the ministry of natural resources to deliver crude oil exported from the territory of the region, and since the acts in question constitute a crime of deliberate failure to implement the decisions issued by the judiciary and punish them in accordance with article (329) of the iraqi penal code as well as constitute deliberate damage to money. general and criminal in accordance with article (340) of the penal code." according to the document, the mp asked "to initiate a criminal case and take legal action against the mummies and his ministry employees involved in this crime against the wealth of the people and their funds protected by the provisions of the constitution and the decisions of the federal court." 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted May 20, 2022 Report Share Posted May 20, 2022 Legal expert and judge Abdul Sattar Ramadan: The Federal Oil Ministry is trying to provoke the Kurdistan government Posted 18 seconds ago الخبير القانوني والقاضي عبد الستار رمضان: وزارة النفط الاتحادية تحاول استفزاز حكومة كردستان عواجل - 20-05-2022 08:32 PM - اخبار العراق (iraqakhbar-com.translate.goog) news sourceTigris channel News source / Dijla channel Legal expert and judge Abdul Sattar Ramadan: The Federal Oil Ministry is trying to provoke the Kurdistan government 2 1 Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted May 20, 2022 Report Share Posted May 20, 2022 Thanks @6ly410.. It seem the Kurds are determined not to let go. 1 2 Quote Link to comment Share on other sites More sharing options...
southbeach Posted May 20, 2022 Report Share Posted May 20, 2022 They will let go one way or another 6 Quote Link to comment Share on other sites More sharing options...
Goggles Posted May 21, 2022 Report Share Posted May 21, 2022 Kurdistan region doesn’t trust the central government to pay them, so they really don’t want to send them over all their paychecks. Central hasn’t had their shitte together for a long time. Probably why Kurds branched out on their own years ago. I’m no expert. Just what I’m observing. 1 1 Quote Link to comment Share on other sites More sharing options...
horsesoldier Posted May 21, 2022 Report Share Posted May 21, 2022 This back & forth has been going since the the first election when the arguments ensued about the Oil & Gas...enough of the stupidity for goodness sake. Beyond pathetic. Just disgraceful behavior, even for criminals. Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 21, 2022 Author Report Share Posted May 21, 2022 A specialist expert identifies three reasons for the failure of the Federal Oil Ministry to control the region's oil 2022.05.20 - 19:24 Baghdad - people The expert in the field of oil and gas, Rebwar Muhammad Amin, spoke about the reason for the failure of the Iraqi Oil Ministry to control the oil file in the Kurdistan region, noting that "the situation for Baghdad is not good now." Amin added in a blog post followed by "Nass" (May 20, 2022) that "foreign oil companies have great experience and skilled legal consultants, and after careful scrutiny, these companies concluded contracts in the region. Some contracts stipulated not to change the situation with the legal changes in Iraq, as the contracts confirmed." to resort to international arbitration when internal problems arise, which represents another obstacle. He pointed out that "because Iraq is a member of OPEC and is under pressure from the United States and Europe to increase oil exports, and since OPEC joined the Russian-Chinese front and stood against American demand, so Baghdad cannot create problems at this time to export more than 600,000 barrels of oil per day." from the region, further disrupting the global oil market, and raising oil prices.” The Iraqi Oil Ministry asked oil and gas companies operating in the Kurdistan region to sign new contracts with the state-owned Marketing Company (SOMO) instead of the regional government, in a new attempt to control revenue from the semi-autonomous region. Oil Minister Ihsan Abdul-Jabbar said on May 7 that the Oil Ministry would start implementing the Federal Court ruling issued in February, which deemed the legal foundations of the oil and gas sector in the Kurdistan region unconstitutional after talks with the regional government failed. Iraq's oil ministry has appointed international law firm Cleary Gottlieb Steen & Hamilton to reach out to oil and gas companies operating in the Kurdistan region "to begin discussions to bring their operations into compliance with applicable Iraqi law," according to a copy of a May 8 letter seen by Reuters. The letter added that implementing the court's ruling would require changes to the companies' contract systems. A source said that other companies received a letter addressed to them directly from the Minister of Oil. The Kurdistan Regional Government has repeatedly rejected the Federal Court's ruling. The letter constitutes the first direct communication between the ministry and the oil companies operating in the Kurdistan region. The move comes after years of continuous attempts by the federal government to control the revenues of the Kurdistan region, including rulings from local courts and threats to resort to international arbitration. The results of the latest step are not fully clear yet, as the new Iraqi government is still under formation despite the passage of seven months since the elections. A legal adviser to the Iraqi Oil Ministry told Reuters on condition of anonymity that a joint governmental committee, which includes representatives from the Oil Ministry, including the minister, the Iraqi National Oil Company and the Federal Financial Supervision Bureau, will conduct a review of the contracts. The adviser added that the goal is to sign contracts in the end with the central government and not with the Kurdistan Regional Government. Foreign oil companies operating in the Kurdistan region of Iraq, including Genel Energy, Chevron and Gulf Keystone, as well as Cleary Gottlieb, declined to comment. The Iraqi Oil Ministry and DNO Oil and Gas did not immediately respond to requests for comment. An official in the Ministry of Oil said that the ministry has not yet received responses from the concerned companies, and if it does not receive a response, it will take further legal measures, without giving further details. A representative of the oil companies told Reuters that foreign oil companies will likely not communicate with Baghdad directly without coordination with the Kurdistan Regional Government of Iraq. 1 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted May 21, 2022 Report Share Posted May 21, 2022 Is this ever going to end? 1 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted May 21, 2022 Author Report Share Posted May 21, 2022 Al-Jawahiri To “Earth News”: The Region Does Not Recognize The Decisions Of The Federal Court 05/21/2022 26 Earth News/ Oil expert Hamza Al-Jawahiri said today, Saturday, that the Kurdistan region does not recognize the decisions of the Federal Court. Al-Jawahiri told Earth News, "It is normal for the Baghdad government to send people to Kurdistan to understand about the measures that must be taken, but of course, the region will not respond to this invitation." And he indicated that "the problem will remain unless the federal government intervenes through its tools and means to force the region to deal properly, constitutionally and legally with the federal government," noting that "Iraq has very great capabilities to pressure the region so that it responds correctly." This was considered by the Federal Supreme Court in a previous decision, Announcing Oil and Gas in the Kurdistan Region as unconstitutional. 3 Quote Link to comment Share on other sites More sharing options...
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