The oil dispute puts Baghdad in front of “big” legal problems.. Billions of compensation for Erbil (details)

[jg1]

3 hours ago, horsesoldier said:

19 years of this circus 🎪

19 years and still a sense of humor. 

[Laid Back]

A good opportunity to resolve the oil file as one of the most prominent outstanding issues between The Federal government and Kurdistan region.

 

Go Iraq 

Go Oil Production 

Go HCL 

Go RV

[6ly410]

ERBIL, Kurdistan Region - Erbil and Baghdad on Monday will hold the first round of talks regarding the Kurdistan Region’s oil and energy sector weeks after the Iraqi top court ruled the Kurdish oil and gas to be unconstitutional.

A high-ranking delegation representing the Kurdistan Regional Government (KRG) is expected to meet with Iraqi officials in Baghdad to “discuss the executive procedures” and to “agree on a new and a standard mechanism” for managing the Region’s oil, read a statement from the Iraqi oil ministry on Monday.

The ministry noted that it has held “intensive and special meetings and workshops with local and international experts,” assigning consultants to review all contracts concluded between the KRG and international companies.

In mid-February, the Iraqi Federal Supreme Court ruled against the Kurdistan Region’s oil and gas law that regulates the oil sector in the Region, putting its industry in jeopardy. The ruling was widely condemned by Kurdish officials.

The KRG passed its oil and gas law in 2007, enabling it to administer and develop its own oil and gas resources.

The top court’s decision found the law to be “unconstitutional,” and therefore struck down the legal basis for the independence of the Kurdistan Region’s oil and gas sector. The decision came amid ongoing political tension and an ongoing government formation process as the country has failed to elect a president six months after the elections.

The KRG, at the time, responded to the decision saying the court’s ruling in unconstitutional and unjust.

Erbil has since expressed its readiness to discuss the matter with Baghdad.

The KRG’s delegation, which arrived in the Iraqi capital on Sunday, consists of government figures and officials from the natural resources ministry, along with three ministers, the statement noted, without disclosing names.

The talks aim to serve the public interest and to contribute to strengthening and supporting the national economy and the integration of the national oil industry, the Iraqi oil ministry noted in its statement.

Disputes rose between Baghdad and Erbil in early 2014, when Baghdad cut the Region’s share of the federal budget, setting into motion a series of crises that the KRG still suffers from. By March 2014, the KRG started exporting its oil abroad in an attempt to secure the salaries of its employees.

KRG’s Deputy PM Qubad Talabani on Saturday saidthe court’s decree against the Kurdish oil is an opportunity to settle the issue of oil with Baghdad. 

The Iraqi and Kurdish governments were once again brought around the table in 2021 when Iraq was drafting its budget law. Both sides agreed that the KRG would continue its oil sales, and in return would hand the revenue of 250,000 barrels of oil to Baghdad daily.

[yota691]

A delegation from the Kurdistan Regional Government is in Baghdad tomorrow to discuss “two important files”

2022.04.10 - 23:55

 

  

Baghdad - people  

On Sunday, Kurdish media reported that a delegation from the Kurdistan Regional Government is scheduled to visit the capital, Baghdad, on Monday; To discuss the oil file and the Federal Court's decision regarding the unconstitutionality of the Oil and Gas Law in the Kurdistan Region.  

  

 

  

The spokesman for the Kurdistan Regional Government, Jutiar Adel, said in a statement, which was followed by "NASS" (10 April 2022), that "the purpose of the visit is to discuss the energy issue and solve outstanding problems."  

He added that "one of the topics of discussion between the two sides is the decisions recently taken by the Federal Court regarding the oil and gas sector in the Kurdistan region."

He pointed out that "the delegation consists of Khaled Shwani, Omid Sabah, Abdul Hakim Khosrow and Amanj Rahim."  

[yota691]

Disclosure of the agenda of the first meeting between the Federal Ministry of Oil and a high-ranking delegation from the Kurdistan Regional Government

2022.04.11 - 01:19

Baghdad - people  

The Ministry of Oil revealed, on Monday, the agenda of the meeting, which will be held in the presence of a high-ranking delegation representing the Kurdistan government, to discuss the oil file, after the Federal Court's decision that the oil and gas law for the region is unconstitutional.  

  

A statement by the ministry, a copy of which was received by "Nass", (April 11, 2022), stated that " the first meeting between the Federal Oil Ministry and a high-level delegation representing the Kurdistan Regional Government will be held in Baghdad today, Monday, to discuss the executive measures, after the Federal Court's decision, and to agree on the MechanismsA new and standard approach to managing the oil industry file in the region, in a manner that achieves the highest benefit and financial returns in the service of the public interest, and that contributes to strengthening and supporting the national economy and the integration of the national oil industry.  

The statement indicated that "the Ministry of Oil has formed specialized committees in this regard to prepare a road map to discuss and circulate all files related to the oil industry in the region, and held intensive specialized meetings and workshops with local and international experts, and assigned specialized consultants to review all contracts concluded between the regional government and international companies."  

He also indicated that "the delegation of the regional government, which arrived in Baghdad, includes a number of officials in the government and the Ministry of Natural Resources, including three personalities with the rank of minister."  

  

And Kurdish media had reported, on Sunday, that a delegation from the Kurdistan Regional Government is scheduled to visit the capital, Baghdad, on Monday; To discuss the oil file and the Federal Court's decision regarding the unconstitutionality of the Oil and Gas Law in the Kurdistan Region.  

 The spokesman for the Kurdistan Regional Government, Jutiar Adel, said, in a statement, which was followed by "Nass" (10 April 2022), that "the purpose of the visit is to discuss the energy issue and solve outstanding problems."    

He added that "one of the topics of discussion between the two sides is the decisions recently taken by the Federal Court regarding the oil and gas sector in the Kurdistan region."  

He pointed out that "the delegation consists of Khaled Shwani, Omid Sabah, Abdul Hakim Khosrow and Amanj Rahim."    

  

And the Federal Court ruled, last February, the unconstitutionality of the oil and gas law in the Kurdistan Regional Government.  

And the judiciary's media stated in a statement that "Nass" received a copy of it, (February 15, 2022), that "the Federal Court issued a ruling that the oil and gas law in the Kurdistan Regional Government is unconstitutional."      

He added that "the federal government obligated the region to enable the Ministry of Oil and the Federal Office of Financial Supervision to follow up on the conclusion of contracts for the sale of oil and gas in the region."      

The federal government also obligated "the regional government to hand over to the federal government, represented by the Federal Ministry of Oil."    

 

[yota691]

 

A delegation from the Kurdistan Regional Government in Baghdad to discuss the thorny oil file

 

 2022-04-11 09:03

 

Shafaq News/ The Ministry of Oil announced on Monday that it had received the first delegation from Kurdistan Region to discuss the oil file.

On Tuesday (February 15, 2022) the Federal Court issued a decision that the oil and gas law of the Kurdistan Regional Government was unconstitutional, with its obligation to hand over all oil production from oil fields in the region and other areas from which the Kurdistan Ministry of Natural Resources extracted oil and handed it over to the federal government represented by the Federal Ministry of Oil And enabling it to use its constitutional powers regarding oil exploration, extraction and export.

The President of Kurdistan Region, Nechirvan Barzani, described the decision as "unconstitutional" and was based on a law of the time of the former regime, and the regional government stressed that "such an unconstitutional decision cannot be accepted."

The ministry said in a statement received by Shafaq News Agency that it will hold in Baghdad today, Monday, the first meeting between the Federal Oil Ministry and a high-ranking delegation representing the Kurdistan Regional Government, in order to discuss the executive procedures, after the decision of the Federal Court, and to agree on new and standard mechanisms for managing the file of the oil industry in the region, In order to achieve the highest benefit and financial returns in the service of the public interest, it contributes to strengthening and supporting the national economy and the integration of the national oil industry.

She added that the delegation of the regional government, which arrived in Baghdad, includes a number of officials in the government and the Ministry of Natural Resources, including three personalities with the rank of minister.

And the Kurdistan Region began to sell its oil in isolation from the federal government, after a stifling financial crisis as a result of the collapse of oil prices during the ISIS invasion of areas in Iraq, in addition to the disputes with Baghdad that prompted the latter to stop paying the salaries of the region’s employees.

Baghdad says its national oil company, SOMO, is the only one authorized to sell Iraqi crude oil, but each side claims the constitution is on its side. Since the Iraqi oil and gas law remained imprisoned in the drafting stage due to differences, there was room for maneuver.

The oil file is one of the most prominent outstanding issues between Baghdad and Erbil.

Baghdad used to pay 453 billion Iraqi dinars per month (about $380 million) as salaries to the employees of the Kurdistan Region, but it stopped them after the region conducted the independence referendum on its part, and because of what Baghdad said that the region was not committed to handing over its oil in accordance with the terms of the federal budget.

After several rounds of political negotiations, the region was obligated, according to an agreement with the government in Baghdad, to hand over 250 thousand crude barrels per day of crude oil produced from its fields to the state-owned company SOMO, and hand over the revenues to the federal public treasury.

[6ly410]

SULAIMANI—The Iraqi Oil Ministry and a Kurdistan Regional Government (KRG) delegation have discussed the Kurdistan Region's oil and gas sector in a meeting in Baghdad today, 11 April. 

According to a statement issued on the Iraqi Oil Ministry's website today, the meeting is the first in a series of meetings between the two sides discussing "practical procedures" following the federal court's ruling on the "unconstitutionality" of Kurdistan Region's energy sector.

They also discussed "agreement on new and standard mechanisms for managing the region's oil industry to achieve the highest benefit and financial returns in the public interest, contributing to strengthening and supporting the national economy and the integration of the national oil industry" the statement added. 

In March, the court ruled that the independent sale of the Region's oil and natural gas was against the Iraqi constitution.

The KRG has said it is committed to its agreement with Baghdad and will take all legal and constitutional procedures to defend its rights and protect contracts and agreements with International Oil Companies (IOCs).

The ministry has formed specialized committees to "prepare a roadmap to discuss all the files related to the region's oil industry," it added.

In addition, the ministry has held intensive specialized meetings and workshops with local and international experts, and the Iraqi National Oil Company has tasked expert consultants to review all current contracts between the KRG and IOCs.

The KRG delegation included several senior officials, including Ministry of Natural Resources officials.

(NRT Digital Media)

[yota691]

Somo: The management of oil and gas fields in Kurdistan will be subject to Baghdad

The Ministry of Oil has taken the necessary steps to implement the decision of the Federal Court

3 hours ago

Today, Monday, the Oil Marketing Company (SOMO) announced that the management of oil and gas fields in the Kurdistan region will be subject to the authority of the Federal Ministry of Oil and in cooperation with the authorities of the region.

SOMO confirmed that the Ministry of Oil has taken all necessary steps to implement the decision of the Federal Court, which was issued last February, and in line with the text of the Federal Court decision, which invalidated the oil and gas law for the region and invalidated all contracts concluded by the Kurdistan region without the approval of the federal government, indicating its official position since The beginning is to warn companies that deal with the Kurdistan region without the approval of the central government and the Ministry of Oil, and to consider all the agreements they conclude with the region illegal.

[nannab]

Come on HCL!!!!

Thank Ya Yota!!! And good morning DV 

[yota691]

A high-ranking government delegation from the region will visit Baghdad tomorrow..and these are its most prominent files

• Time: 04/10 2022 23:16:43
•  
• Reading: 2,587 times

  

{Political: Al Furat News} A representative of the Kurdistan Democratic Party revealed that a delegation from the Kurdistan Regional Government intends to visit the capital, Baghdad.

Najwa Kakai said in a press statement: "A delegation from the region is scheduled to visit Baghdad, tomorrow, Monday, to meet with officials in the Iraqi federal government to discuss a number of files, the most important of which are oil and energy."
She added, "The Kurdistan Regional Government conducted a reading of the situation and the two parties (Erbil and Baghdad) considered it important that they meet to discuss a number of files, including agriculture, oil, energy and border crossings."
According to sources, the delegation of the Kurdistan Regional Government to Baghdad consists of the Minister of the Region for Dialogue with Baghdad, Khaled Shwani, the Chief of the Cabinet of the Presidency of the Council of Ministers of the Kurdistan Region, Omid Sabah, the Secretary of the Council of Ministers, Amanj Rahim, the Head of the Coordination and Follow-up Department in the Council of Ministers, Abdul Hakim Khusraw, and a committee Technology from the Ministry of Natural Resources. 
And the Kurdistan Regional Council of Ministers decided, in its weekly meeting held on April 6, to send a higher committee to Baghdad to discuss with the relevant authorities in the federal government for the purpose of developing coordination in the field of oil and energy on the basis of the constitution and taking into account the constitutional powers of the Kurdistan region in this sector.
It is noteworthy that the Federal Supreme Court of Iraq issued a ruling on February 15, deciding the unconstitutionality of the Oil and Gas Law of the Kurdistan Regional Government, issued in 2007, and its abolition for violating the provisions of constitutional articles, as well as obligating the region to hand over oil production to the federal government.
The oil file is one of the most prominent outstanding issues between Baghdad and Erbil.

[6ly410]

SULAIMANI — The second deputy speaker of the Iraqi parliament, Shakhawan Abdullah, said on Monday (April 11) the Iraqi government knows it cannot manager the oil sector alone without coordinating with the Kurdistan Regional Government (KRG).

Abdullah said a delegation from the KRG met with a delegation from the federal government on Monday for talks on the country’s oil and gas law and the federal supreme court’s ruling in February on the Region’s independent oil sales.

The meeting between the delegations is the first in a series of meetings that will be held to discuss "practical procedures” following the federal court’s ruling on the "unconstitutionality” of the Kurdistan Region’s energy sector, according to the Iraqi Oil Ministry’s website. 

Abdullah said both delegations wanted to meet with parliament as well but were unable to do so on Monday. 

The deputy speaker stated the Iraqi constitution does not allow the government to manage an area’s oil sector without the approval of the locals and the delegations are meeting to resolve the issue. 

(NRT Digital Media)

[6ly410]

SULAIMANI — Iraq’s Oil Minister, Ihsan Abdul-Jabbar, said on Monday (April 11) the ministry met with the Kurdistan Region’s delegation to discuss the Region’s oil contracts. 

Abdul-Jabbar said the Kurdistan Region’s oil contracts should be reviewed and a new company should be established in Erbil to manage the oil sector, which would be supervised by the federal oil company. 

He also said his ministry abides by the basic principles previously proposed by the oil ministry regarding the management of the Kurdistan Regional Government’s (KRG) oil. 

The basic principles were to send to the Iraqi Oil Ministry all contracts and agreements the KRG has made with other countries and their oil companies for the ministry to review, amend and develop, Abdul-Jabbar said. 

The minister said it would be in the best interest of the public for a joint effort to be made to resolve problems and fill the gap that has stemmed from the issues of previous years and begin a new phase. 

Speaking on the KRG delegation’s visit to Baghdad on Monday, Abdul-Jabbar said the Kurdish delegation will return to Erbil to discuss with the KRG the start of another round of meetings and dialogue with the delegation from the federal government.

Khalid Shawani, the head of the KRG delegation, said they were direct in Monday’s meeting and agreed to work on developing mechanisms that could form future work plans to resolve the oil problem between the Kurdistan Region and Baghdad. 

Shawani also said the oil and gas law was the best solution to the pending issues and Monday’s meeting signals a good start to cooperation between the oil ministry and the KRG. 

Iraq’s Federal Supreme Court ruled on February 15 that the KRG law on the independent sale of the Region’s oil and natural gas was against the constitution. 

The court asked the KRG to transfer the management of oil and gas sales to the federal government and required the KRG to allow the Iraqi oil ministry and the Federal Supervisory Board to investigate and supervise all of Erbil’s natural gas and oil contracts. 

(NRT Digital Media)

[6ly410]

ERBIL — The Kurdistan Region and Iraqi federal government on Monday discussed the oil disputes and the suggestion of establishing a new oil company to manage the energy sector, a statement by the Iraqi Oil Ministry said. 

The statement came after a meeting between a high-ranking delegation from the Kurdistan Regional Government (KRG) with Iraqi Oil Minister Ihsan Abdul Jabbar in Baghdad, which discussed the issue in light of a recent ruling by the Iraqi Supreme Federal Court on KRG’s oil industry. 

After the meeting, Iraqi oil minister Ihsan Abdul Jabbar held a joint press conference with Khalid Shawani, KRG's minister of state for negotiation affairs with the federal government.

“Iraq's oil minister stressed on the basic principles that were previously suggested by the oil ministry regarding managing the oil dossier in the Kurdistan region, that includes reviewing and amending all contracts that were signed by the KRG with the international oil companies," the media office of the Iraqi oil ministry said in a statement cited by Arab News. 

The Kurdish delegation will return to Erbil to discuss the proposal with authorities at the KRG, the minister added, noting that the agreement also requires all contracts with foreign companies to be referred to Baghdad for revision. 

According to the Iraqi suggestions, international oil companies will no longer sign contracts with the KRG ministry of natural resources, rather a new oil company based in Erbil and under the supervision of the Iraqi oil ministry will be the only entity to be able to would sign contracts. 

“The company would open a bank account at an international bank and the revenues from selling oil from the Kurdistan region will be directly transferred into the Iraqi finance ministry," the Iraqi oil ministry added. 

Shwani, on his turn, explained that passing a federal oil and gas law would be the best option to address all the disagreements, but the establishment of the oil company, that would be named “Kurdistan Region Oil Company (KROC)” is also a good start for now to enhance cooperation between Erbil and Baghdad. 

[6ly410]

[horsesoldier]

" KROC " YEPPERS, just can't write this stuff huh 😆

[6ly410]

Erbil (Kurdistan 24) - Iraqi Oil Minister Ihsan Abdul-Jabbar on Monday proposed establishing a new oil company headquartered in Erbil to manage the Kurdistan Region's oil dossier. 

The oil minister called for reviewing the contracts and agreements signed by the Kurdistan Regional Government (KRG) with oil companies and foreign countries. 

He made the remark at a joint press conference with Khaled Swani, the head of the Kurdistan Region's negotiating delegation in Baghdad. 

Read More: KRG delegation to visit Baghdad to discuss oil and energy

Abdul-Jabbar also called for opening a bank escrow account in one of the international banks to deposit the revenues from the KRG's sale and export of crude oil. That account will belong to the Iraqi Ministry of Finance. It will be used to arrange payments in favor of the Kurdistan Region if the Iraqi Ministry of Finance doesn't send the region its dues on time. 

"In principle, the KRG should send all contracts and agreements it signed with countries and oil companies for the purpose of reviewing, amending, and improving them, as well as transferring the contracting party from the KRG Ministry of Natural Resources to an oil company established for this purpose by a decision of the Iraqi Council of Ministers," Abdul-Jabbar stated. 

The minister emphasized the joint work between Baghdad and Erbil to solve all problems. He added that the KRG delegation will go back to Erbil for consulting with the KRG before holding another round of negotiations. 

"Legislating the Iraqi oil and gas law is the best solution for solving all the problems," Shwani said. "This meeting is a new beginning for cooperation between the Iraqi oil company and the KRG."

[Theseus]

The Oil and Gas Law, as previously written, does establish a new oil company for all of Iraq. It dissolves the old (current) one and puts in place a new Oil and Gas company going forward. In 2019, or so, they tried to implement this part of the Oil and Gas law but were thwarted. Which is why they, Shwani and the Baghdad delegation, are clamoring for legislating the Iraqi Oil and Gas Law.

[stangernan]

3 hours ago, 6ly410 said:

According to the Iraqi suggestions, international oil companies will no longer sign contracts with the KRG ministry of natural resources, rather a new oil company based in Erbil and under the supervision of the Iraqi oil ministry will be the only entity to be able to would sign contracts. 

“The company would open a bank account at an international bank and the revenues from selling oil from the Kurdistan region will be directly transferred into the Iraqi finance ministry," the Iraqi oil ministry added. 

Shwani, on his turn, explained that passing a federal oil and gas law would be the best option to address all the disagreements, but the establishment of the oil company, that would be named “Kurdistan Region Oil Company (KROC)” is also a good start for now to enhance cooperation between Erbil and Baghdad. 

That's a kroc if I ever heard one

[6ly410]

 

Iraq calls for a new oil company in Kurdistan and to review the region's contracts

Posted 2 minutes ago

https://iraqakhbar-com.translate.goog/3549539?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

news sourcenews

 

news source / news

(CNBC Arabic) - The Iraqi Ministry of Oil said in a statement today, Monday, that Minister Ihsan Abdul-Jabbar called for the establishment of a new oil company to be headquartered in Erbil, the capital of the Kurdistan region of Iraq, and to manage the oil activity in the region.

 

Abdul-Jabbar called for a review of the contracts and agreements concluded by the regional government with countries and oil companies.

 

He said, according to the ministry's statement, "The basic principles included sending all contracts and agreements concluded by the Kurdistan Regional Government with countries and oil companies for the purpose of reviewing, amending and improving them, as well as transferring the contracting party from the Ministry of Natural Resources to an oil company established for this purpose by a decision of the Council of Ministers to be based in Erbil. “.

 

Those talks follow a federal court decision that gave the Oil Ministry in Baghdad the authority to manage oil and gas fields in the north of the country.

 

Last week, Abdul-Jabbar said on Tuesday that Iraq had set new standards to calculate the Kurdistan region's share of oil exports that are delivered to the federal government.

 

The minister told the Iraqi News Agency that "the Kurdistan Region, according to the budget law for 2021, is required to deliver sums of 250 thousand barrels at the price of SOMO to the federal government, and what happened is the deduction of 250 thousand barrels per day from the region's dues and the settlement of the Ministry of Finance was done on this basis

[6ly410]

 

 

 

04/11/2022 17:08

The Minister of Oil stresses the importance of reviewing the region's contracts and establishing an oil company in Erbil

https://almasalah-com.translate.goog/ar/news/224996/وزير-النفط-يؤكد-اهمية-مراجعة-عقود-الإقليم-وتأسيس-شركة-نفطية-في-أربيل?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

 

Baghdad / Obelisk: Minister of Oil Ihsan Abdul-Jabbar Ismail stressed, on Monday, April 11, 2022, the importance of reviewing the contracts of the Kurdistan region and establishing a new company in Erbil.

And the media office of the Minister of Oil quoted as saying during a joint press conference with the head of the region’s delegation, Khaled Shwani, in a statement received by the obelisk, that his ministry is committed to the basic principles that were previously proposed by the Ministry of Oil regarding the management of the oil file in the Kurdistan region.

He pointed out that "the basic principles included sending all contracts and agreements concluded by the Kurdistan Regional Government with countries and oil companies, for the purpose of reviewing, amending and improving them, as well as transferring the contracting party from the Ministry of Natural Resources to an oil company established for this purpose by a decision of the Council of Ministers and based in Erbil. It is owned by the Federal Authority and authorized to manage the entire oil activity in accordance with the powers, standards and assets that are prepared and assessed by the National Oil Company and the Federal Ministry of Oil.

He pointed out that "the basics are also included, opening a bank escrow account in one of the international banks for the purpose of depositing all revenues from the sale and export of crude oil, owned by the Ministry of Finance and used to secure payments in favor of the region in the event of a delay in sending it from the Federal Ministry of Finance," stressing "the ministry's keenness to develop the oil industry." And gas in all parts of Iraq, in accordance with international technical and professional mechanisms and standards, and work to maximize financial revenues in a way that supports the national economy.

The Minister of Oil referred to "joint work to solve all the problems, reduce and bridge the gap left by the problems of the past years, and to launch a new phase of cooperation in a way that serves the public interest, and that the region's delegation will return to consult with his government, in order to launch another round of dialogues and discussions," praising the understanding Members of the region’s delegation for the topics addressed in the meeting.

For his part, the head of the region’s delegation, Khaled Shwani, said that “the meetings were characterized by frankness, as it was agreed to put in place mechanisms that could form a future plan of action to address the oil problem in all its aspects in a fundamental way,” stressing that “the oil and gas law is the best solution to remove all problems, and that This meeting represents a good start for cooperation between the Ministry of Oil and the regional government."

The statement added, "The meeting was attended by the ministry's undersecretaries and a number of officials and relevant committees in the National Oil Company and the concerned departments in the center of the Ministry of Oil," noting that "the delegation of the region includes a number of officials in the government and the Ministry of Natural Resources, including three officials with the rank of minister."

Former MP Ghaleb Muhammad Ali said that it is not permissible to negotiate a case that has been decided by the Federal Court.

He added, in a tweet followed by the obelisk, that the regional government and the federal government are circumventing the decision of the Federal Court to continue the theft of natural resources with previous suspicious agreements.

 

[6ly410]

 

Federal Oil Minister: We discussed with the delegation of the region joint mechanisms for managing the oil and gas industry in Kurdistan

https://shafaq.com/ar/اقتصـاد/وزير-النفط-الاتحادي-ناقشنا-مع-وفد-الاقليم-ليات-مشتركة-ل-دارة-صناعة-النفط-والغاز-في-كوردستان

 2022-04-11 11:22

 

Shafaq News/ Minister of Oil Ihsan Abdul-Jabbar announced on Monday that he had discussed with the delegation of the region joint mechanisms for managing the oil and gas industry in the region, while the Minister of Kurdistan Region for Negotiations demanded the legislation of the oil and gas law to address the outstanding problems.

Abdul-Jabbar said in a press conference followed by Shafak News Agency; "The joint mechanisms for managing the oil and gas industry in the region were discussed with the delegation of the Kurdistan Region, in a manner that protects the interests of the parties and leads to the development of this industry and its establishment in its right position and the maximization of the federal state's revenues, all of which would protect the rights of the parties and achieve the general balance of the state."

He added, "The goal of the Ministry of Oil is clear in the various companies and activities, which is to maximize state revenues and interests in a way that secures the state's inevitable spending needs and in a manner that secures the salaries of all the people of the country and leads to the establishment of development rules."

Abdul-Jabbar emphasized; "The delegation of the region came very understanding of these necessities in which the ministry operates, as the ministry's policy is almost standard policies. We are working to develop all instructions and documents to conform to international standards and lead to raising the level of performance in all activities across the country."

He pointed out that "these problems need discussions. What we found today is very high positivity on the part of the region and a great openness on the part of the ministry, which is melting the ice and cutting problems in this aspect, expecting to start real work as we will wait for answers from them in the coming days after returning to the higher departments." in the region".

For his part, the Minister of the Region for Negotiations with the Federal Government, Khaled Shwani; "Oil and gas have been among the outstanding issues between the federal government and the Kurdistan Region for nearly 15 years, indicating that "according to the existing developments, it is clear by the Kurdistan Region to address the matter fundamentally through the reference of the constitution and in a manner that achieves the highest benefit for the Iraqi people and that revenues are distributed fairly between the region and the provinces.

Shwani indicated that "some possible mechanisms have been put in place that constitute a future action plan to address the problem of oil in all its aspects in a radical way," noting that "the best solution to address all problems is in the legislation of the oil and gas law." 

He stressed that "the law must be legislated in the coming period and that these principles that we discussed today and the future that will be discussed could be the nucleus of the oil and gas law."

He pointed out that "these discussions are a good start between the federal government and the Kurdish region in resolving the oil and gas file in a manner that achieves the highest benefit for the Iraqi people in accordance with the mechanisms stipulated in the constitution."

Today, Monday, the Ministry of Oil announced that it had received the first delegation from the Kurdistan Region to discuss the oil file.

The Federal Supreme Court had declared last February 15 that the oil and gas law of the Kurdistan Regional Government was unconstitutional and abolished, and obligating the regional government to hand over all oil production from oil fields in the Kurdistan region and other areas from which the Ministry of Natural Resources in the Kurdistan Regional Government extracted oil and handed it over to the government Federal, represented by the Federal Ministry of Oil.

An official source in the National Oil Company had announced in an interview with Shafaq News Agency that joint committees from Baghdad and Kurdistan will discuss how to implement the Federal Court's decision.

[6ly410]

Iraq calls for a new oil company in Kurdistan and to review the region's contracts

 

Monday, April 11, 2022 - 18:34

https://akhbaar-org.translate.goog/home/2022/4/293368.html?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

 

(CNBC Arabic) - The Iraqi Ministry of Oil said in a statement today, Monday, that Minister Ihsan Abdul-Jabbar called for the establishment of a new oil company to be headquartered in Erbil, the capital of the Kurdistan region of Iraq, and to manage the oil activity in the region.

 

Abdul-Jabbar called for a review of the contracts and agreements concluded by the regional government with countries and oil companies.

 

He said, according to the ministry's statement, "The basic principles included sending all contracts and agreements concluded by the Kurdistan Regional Government with countries and oil companies for the purpose of reviewing, amending and improving them, as well as transferring the contracting party from the Ministry of Natural Resources to an oil company established for this purpose by a decision of the Council of Ministers to be based in Erbil. ".

 

Those talks follow a federal court decision that gave the Oil Ministry in Baghdad the authority to manage oil and gas fields in the north of the country.

 

Last week, Abdul-Jabbar said on Tuesday that Iraq had set new standards to calculate the Kurdistan region's share of oil exports that are delivered to the federal government.

 

The minister told the Iraqi News Agency that "the Kurdistan region, according to the budget law for 2021, is required to deliver sums of 250 thousand barrels at the price of SOMO to the federal government, and what happened is the deduction of 250 thousand barrels per day from the region's dues and the settlement of the Ministry of Finance was done on this basis

[6ly410]

Oil calls for reviewing the region's contracts and establishing a new oil company in Erbil

https://almaalomah-me.translate.goog/2022/04/11/592285/?_x_tr_sl=auto&_x_tr_tl=en&_x_tr_hl=en

Last update 4/11/2022 | 5:06 pm

 

Information / Baghdad..

Oil Minister Ihsan Abdul-Jabbar called, on Monday, to review the region's contracts and establish a new oil company in Erbil, after concluding the first round of discussions with the Kurdish delegation.

Abdul-Jabbar said in a joint press conference with the head of the regional delegation, Khaled Shwani, that "the basic principles included sending all contracts and agreements concluded by the Kurdistan Regional Government with countries and oil companies, for the purpose of reviewing, amending and improving them."

He added, that the principles included the transfer of the contracting party from the Ministry of Natural Resources to an oil company established for this purpose by a decision of the Council of Ministers, headquartered in Erbil, owned by the federal authority, and authorized to manage the entire oil activity according to the powers, standards and assets that are prepared and assessed by the National Oil Company and the Ministry of Oil Federal.

The Minister of Oil indicated that “the basics also include opening a bank escrow account in one of the international banks for the purpose of depositing all revenues from the sale and export of crude oil, owned by the Ministry of Finance and used to secure payments in favor of the region in the event of a delay in sending it from the Federal Ministry of Finance.”

He pointed out that "the delegation of the region will return to consult with his government, in order to launch another round of dialogues and discussions."

For his part, the head of the region’s delegation, Khaled Shwani, said that “the meetings were characterized by frankness, as it was agreed to put in place mechanisms that could form a future plan of action to address the problem of oil in all its aspects in a radical way,” stressing that “the oil and gas law is the best solution to remove all problems, and that this The meeting represents a good start for cooperation between the Ministry of Oil and the regional government.” finished/25h

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Minister of Oil: We discussed with the delegation of the region joint mechanisms for managing the oil and gas industry in Kurdistan

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The Minister of Oil, Ihsan Abdul-Jabbar, announced that he discussed with the delegation of the Kurdistan region joint mechanisms for managing the oil and gas industry in the region, while the Minister of the Kurdistan Region for Negotiations demanded the legislation of the oil and gas law to address the outstanding problems.

Abdul-Jabbar said in a press conference, that “the joint mechanisms for managing the oil and gas industry in the region were discussed with the delegation of the Kurdistan region, in a manner that protects the interests of the parties and leads to the development of this industry, establishing it in its right position and maximizing the federal state’s revenues, all of which would protect the rights of the parties and achieve balance.” the general state.”

He added, "The goal of the Ministry of Oil is clear in various companies and activities, which is to maximize state revenues and interests in a way that secures the state's inevitable spending needs and in a manner that secures the salaries of all the people of the country and leads to the establishment of development rules."

Abdul-Jabbar emphasized; "The delegation of the region came very understanding of these necessities in which the ministry operates, as the ministry's policy is almost standard policies. We are working to develop all instructions and documents to conform to international standards and lead to raising the level of performance in all activities across the country."

He pointed out that "these problems need discussions. What we found today is very high positivity on the part of the region and a great openness on the part of the ministry, which is melting the ice and cutting problems in this aspect, expecting to start real work as we will wait for answers from them in the coming days after returning to the higher departments." in the region.”

For his part, the Minister of the Region for Negotiations with the Federal Government, Khaled Shwani; “Oil and gas have been among the outstanding issues between the federal government and the Kurdistan region for nearly 15 years, indicating that, according to the existing developments, it is clear by the Kurdistan region to address the matter fundamentally through the reference of the constitution and in a manner that achieves the highest benefit for the Iraqi people and that revenues are distributed fairly between the region and the provinces.

Shwani indicated that "some possible mechanisms have been put in place that constitute a future action plan to address the problem of oil in all its aspects in a radical way," noting that "the best solution to address all problems is in the legislation of the oil and gas law."

He stressed that "the law must be legislated in the coming period, and that these principles that we discussed today and the future that will be discussed could be the nucleus of the oil and gas law."

He pointed out that "these discussions are a good start between the federal government and the Kurdistan region in resolving the oil and gas file in a manner that achieves the highest benefit for the Iraqi people, according to the mechanisms stipulated in the constitution."

On Monday, the Ministry of Oil announced that it had received the first delegation from the Kurdistan Region to discuss the oil file.

The Federal Supreme Court had declared last February 15 that the oil and gas law of the Kurdistan Regional Government was unconstitutional and abolished, and obligating the regional government to hand over all oil production from oil fields in the Kurdistan region and other areas from which the Ministry of Natural Resources in the Kurdistan Regional Government extracted oil and handed it over to the government Federal, represented by the Federal Ministry of Oil.