Türkiye announces the date for resuming the export of Kurdistan region’s oil via the Ceyhan line

[6ly410]

 

[6ly410]

[yota691]

Nechirvan Barzani: The decision of the Paris court is a very important opportunity for Erbil and Baghdad to deal with the oil issue

2023-04-04 04:10

 

 

Shafaq News/ The President of the Kurdistan Region, Nechirvan Barzani, described, on Tuesday, the decision of the International Chamber of Commerce's arbitration panel in Paris to stop the region's oil exports through the Turkish port of Ceyhan as a "very important opportunity" for Erbil and Baghdad to be able to address the oil issue through a new agreement between them that takes into account interest of all Iraqi people.

 

President Nechirvan Barzani said in a speech during the ceremony announcing the establishment of the first and second divisions of the Peshmerga forces, that "after the repercussions of the decision of the international arbitration tribunal in Paris, we see that this decision will provide a very important opportunity for Erbil and Baghdad to address the issue of oil," noting that this decision confirms The constitutional right of the Kurdistan Region to the oil file, through which we can reach a solution in which we will all be victorious.

 

 

He noted that "the legislation of the oil and gas law will activate Article 112, and implement the federalism established in the constitution in order to get rid of centralization," stressing, "We are a very important part of this state, and we support Prime Minister Muhammad Shia'a al-Sudani in all his steps, and we support his government program."

 

The President of the region also indicated that Al-Sudani "expressed realism in resolving problems and differences, and we, in turn, should support his government," noting that "there is a great understanding between the President of the Kurdistan Regional Government, Masrour Barzani, and the Sudanese Prime Minister, and there is an exchange of visits of delegations between the two governments, and he has The Kurdish delegation has made great strides in resolving the differences and outstanding issues between Erbil and Baghdad.

 

Nechirvan Barzani said, "Today, Masrour Barzani is in Baghdad to confirm the existence of a successful solution to the oil file," considering that "the Iraqi solution is the best solution for this file," saying: If this problem is resolved, the doors will open to solve many other problems.

 

The President of the Kurdistan Region concluded his speech by saying, "We are ready for an understanding on the basis of the Iraqi constitution," stressing that "solving the oil problem and approving the budget will be important good news and joy for all the Iraqi people."

[yota691]

Baghdad and Erbil sign an agreement on exporting Kurdistan's oil

2023-04-04 06:15

 

 

Shafaq News/ Today, Tuesday, the federal government signed an agreement with the Kurdistan Regional Government regarding the export of the region's oil.

 

A political source told Shafaq News agency, that an agreement on exporting Kurdistan Region's oil was signed today between the Iraqi Prime Minister, Muhammad Shia' al-Sudani, and the head of the regional government, Masrour Barzani, indicating that "the agreement includes granting the Kurds the position of Deputy General Manager of SOMO Company, and the company handles all the details of the file." oil in the region.

 

 

 

 

 

For his part, Federal Prime Minister Muhammad Shia' al-Sudani said, during a press conference he held with Barzani in Baghdad, that stopping the Kurdistan Region's oil had an impact that had a negative impact on Iraq, stressing that we are working on preparing the oil and gas law to proceed with its legislation.

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Upon his arrival, he held a meeting with Al-Sudani, discussing a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

 

Meanwhile, Reuters quoted official sources as saying that the Iraqi federal government and the Kurdistan Regional Government had reached a final agreement to resume oil exports, to be announced on Tuesday.

 

A government official in Baghdad said that an official request was sent to Turkey to resume oil exports through the Ceyhan pipeline and "the pumping will resume in the next few hours."

[yota691]

The Iraqi President appreciates the efforts of Baghdad and Erbil in concluding the oil agreement

2023-04-04 07:48

 

 

Shafaq News/ The Iraqi President, Abdul Latif Rashid, praised, on Tuesday, the agreement concluded by the federal government with the Kurdistan Regional Government regarding the export of the region's oil, while stressing the necessity of approving the general budget law.

 

 

The Presidency of the Republic said, in a statement received by Shafaq News Agency, that the President of the Republic, Abd al-Latif Jamal Rashid, received today, at the Baghdad Palace, the President of the Kurdistan Regional Government, Masrour Barzani, and his accompanying delegation.

 

In praising the agreement to resume exporting Kurdistan Region's oil, Rashid praised, according to the statement, the efforts of the negotiating teams in the federal government and the regional government, in a way that strengthens relations to serve national interests. 

 

The importance of expediting the approval of the budget law was also emphasized, as it touches the lives of citizens and contributes to the rehabilitation of infrastructure, the provision of necessary services, and the building of strategic projects.

 

During the meeting, according to the statement, they discussed political, security and economic issues in the country, and stressed the need to support the government in implementing its program in a way that meets the needs of citizens.

 

Today, Tuesday (4 April 2023), the federal government signed an agreement with the Kurdistan Regional Government to resume exporting the region's oil. 

 

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Immediately upon his arrival, he held a meeting with Al-Sudani, during which he discussed a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

[6ly410]

Sudani announces agreement to resume oil exports from the Kurdistan Region

Posted 21 seconds ago

Al-Sudani announces the agreement to resume exporting the Kurdistan Region's oil - Iraq News (iraqakhbar-com.translate.goog)

 

 

News Source /Al-Sumaria Channel

 

Al-Sudani said in a joint conference with the President of the Kurdistan Regional Government, Masrour Barzani, attended by Al-Sumaria, that "stopping the export of the region's oil harms Iraq's revenues."

 

He added, “The technical authorities must immediately implement the agreement and find legal ways for this matter.”

And the Prime Minister continued, "This agreement confirms the serious desire of the federal and regional governments to face all the obstacles that were inherited from the past years."

He pointed out that "confronting these entitlements stems from the public interest," adding, "We hope that the members of the House of Representatives will move forward with approving the draft budget law as soon as possible."

And Al-Sudani added, “We are waiting for an entitlement, which is the legislation of the oil and gas law, which will address all the imbalances that have accompanied this file since the adoption of the constitution.”

He went on to say, “We appreciate the efforts of the two teams in the federal and regional governments for their professional negotiations.”

He stressed that "this agreement will pave the way for approving the budget," noting that "there is a political will to proceed with dealing with the files."

And Al-Sudani stated, “We have to deal with the outstanding files in accordance with the constitution,” noting that “any delay in export will affect the total expected revenues in the 2023 budget.”

And he added, “Everyone must abide by the agreement to export the region’s oil and implement it,” adding that “the budget items are clear and will address the outstanding issues between the federal and regional governments.”

[yota691]

Al-Sudani: The agreement to resume exporting Kurdistan's oil is temporary until the budget arrives

2023-04-04 06:33

 

 

Shafaq News/ The Prime Minister of the federal government, Muhammad Shia' al-Sudani, described the agreement concluded with the Kurdistan Regional Government today, Tuesday, regarding the resumption of exporting the region's oil as "temporary".

 

Al-Sudani said during a press conference held today, with the Prime Minister of Kurdistan Regional Government, Masrour Barzani, followed by Shafaq News Agency, that "any delay regarding the non-resumption of oil exports will clearly affect the budget, and therefore the deficit rate will rise," explaining that stopping the export of Kurdistan's oil "has Serious harm to all Iraqis, and this agreement will reduce those fears."

 

 

 

He added, "This is a wealth for all the Iraqi people, and we must remove all obstacles in order for exports to resume," stressing that "everyone must abide by the agreement and implement it."

 

Al-Sudani explained, "This agreement is temporary until the arrival of the budget law, after it has been legislated by the House of Representatives."

 

And Al-Sudani said, "The budget law is clear and addresses all the problems between Erbil and Baghdad," noting that "there is a political agreement that was voted on by the House of Representatives, and we put within this agreement the texts that deal with that file."

 

He emphasized that "the budget law will include a fair distribution of wealth to all of Iraq," pointing out that "there are committees that follow up on the articles contained in the terms of the agreement."

 

Today, Tuesday, the federal government signed an agreement with the Kurdistan Regional Government regarding the export of the region's oil.

 

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Immediately upon his arrival, he held a meeting with Al-Sudani, during which he discussed a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

 

Meanwhile, Reuters quoted official sources as saying that the Iraqi federal government and the Kurdistan Regional Government had reached a final agreement to resume oil exports, to be announced on Tuesday.

 

A government official in Baghdad said that an official request was sent to Turkey to resume oil exports through the Ceyhan pipeline and "the pumping will resume in the next few hours."

[yota691]

Masrour Barzani comments on the oil agreement: It will be the basis for the budget and the legislation of the oil and gas law

2023-04-04 06:29

 

 

Shafaq News/ The Prime Minister of Kurdistan Regional Government, Masrour Barzani considered, on Tuesday, the agreement reached by Erbil and Baghdad to resume Kurdistan's oil exports as a basis for proceeding with the legislation of the oil and gas law, and approving the country's financial budget.

 

Earlier today, the Kurdistan Regional Government signed an agreement with the federal government on the oil file.

 

 

This came during a visit by Masrour Barzani, which he conducted today with a high-ranking delegation from the regional government to Baghdad, and his meeting with the Prime Minister of the federal government, Muhammad Shia' al-Sudani.

 

The agreement includes granting the position of Deputy Director General of the Iraqi Oil Marketing Company "SOMO" to the Kurds, provided that the regional government hands over the oil file to the federal government, which is supervised by the company.

 

Masrour Barzani said in a joint press conference held in Baghdad today with Al-Sudani that "this agreement is temporary, and will be the basis for proceeding with the legislation of the financial budget law and even in the legislation of the oil and gas law," stressing that "the export of oil is in the interest of all Iraqis."

 

He added, "Stopping oil exports not only harmed the Kurdistan Region, but also affected all of Iraq, and now this mechanism that was agreed upon to resume exports will be a reason for increasing the financial revenues of all of Iraq."

 

Barzani added, "Al-Sudani acted as president for all of Iraq," stressing that "this agreement will be implemented with the support of Al-Sudani."

 

He added, "Here I would like to reassure all parties that this agreement is a prelude to reaching a good comprehensive agreement between the federal government and the Kurdistan Regional Government without giving up any constitutional right for us."

 

Masrour Barzani stressed that although this agreement is temporary, its foundations will have an impact on the draft budget law and the oil and gas law.

[yota691]

Kurdistan Electricity: The Erbil-Baghdad agreement will return 330 megawatts to the system

2023-04-04 08:31

 

 

 

Shafaq News/ The Ministry of Electricity in the Kurdistan Regional Government announced, on Tuesday, that the Erbil and Baghdad oil agreement will restore 330 megawatts to national production. 

 

 

In a statement received by Shafaq News agency, the ministry said, "The resumption of exporting Kurdistan Region's oil will return 330 megawatts to the national production network, which the region lost due to stopping exports from the Karmian and Khurmala oil fields." 

 

The ministry had announced a few days ago that stopping the export of oil in the Kurdistan Region caused a loss of 330 megawatts of the total electricity production.

Today, Tuesday (4 April 2023), the federal government signed an agreement with the Kurdistan Regional Government to resume exporting the region's oil. 

 

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Immediately upon his arrival, he held a meeting with Al-Sudani, during which he discussed a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

[yota691]

Kurdistan Parliament welcomes the agreement of Erbil and Baghdad and prepares it as the beginning of a common understanding

2023-04-04 09:40

 

 

Shafaq News/ The Presidency of Kurdistan Parliament welcomed, on Tuesday, the agreement concluded between the regional government and the federal government on the oil file.

 

"After resolving the oil and gas file between the federal government and the Kurdistan Regional Government, the Kurdistan Parliament welcomes the agreement and congratulates the Kurdish and Iraqi people, and hopes that this agreement will be the beginning of a good and common understanding to resolve the rest of the outstanding issues as well," said the Speaker of Kurdistan Parliament, Rewaz Faiq, in a statement received by Shafaq News agency. .

 

 

The Speaker of Parliament added, "The Kurdish people have gone through difficult years of tiring crisis due to disagreements over the oil file, so the people expect us all to establish a new phase of security, peace and justice among all segments of society and all cities."

 

And she concluded, "After confirming the region's sources of income, we insist on the entitlements of our region within the budget of the Iraqi state," stressing that the regional government must "send the draft budget law to parliament in the present and the future, and fulfill our legal obligations in this regard."

 

Today, Tuesday (4 April 2023), the federal government signed an agreement with the Kurdistan Regional Government to resume exporting the region's oil.

 

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Immediately upon his arrival, he held a meeting with Al-Sudani, during which he discussed a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

[yota691]

Iraq

THE KURDISTAN GOVERNMENT ISSUES A STATEMENT REGARDING THE AGREEMENT TO RESUME EXPORTING THE REGION'S OIL

Tuesday, April 4, 2023 4:07 PM

Baghdad / National News Center

Today, Tuesday, the Kurdistan government issued an agreement regarding the agreement to resume exporting the region's oil. 

A statement by the Kurdistan Presidency, which was received by the National News Center, stated that “the Prime Minister of the region, Masrour Barzani, met in Baghdad today, Tuesday, with the Federal Prime Minister, Muhammad Shia’ al-Sudani.

The statement added, "The meeting witnessed discussions on resolving problems between the Kurdistan region and the federal government, as well as an agreement to resume the region's oil exports, which is a temporary agreement until the federal budget law or the oil and gas law is approved."

He added, "The signing ceremony of an agreement to jointly resume exporting the region's oil took place, in the presence of the Federal Prime Minister and Kurdistan.

Barzani urged, according to the statement, to "implement the agreement in its entirety as soon as possible to serve as a basis for strengthening the spirit of partnership and consolidating trust between the two sides."

For his part, Al-Sudani expressed his hope that the agreement would be a prelude to solving all problems, and said: “Our interest is in implementing the constitution and achieving the interest of all Iraqis.”

And Al-Sudani indicated that “this agreement will represent a basis for implementing the federal general budget and federal oil and gas laws in a common spirit after they are approved.”

It is scheduled to resume the export of Kurdistan region's oil through the pipeline to the port of Ceyhan, according to the aforementioned agreement.

[yota691]

Baghdad agrees to own a 30% stake in a $27 billion project by Total Energies

 

energy
   

Economy News / Baghdad
Two sources told Reuters on Tuesday that Baghdad had reached an agreement with Total (EPA: TTEF) Energis to own a 30 percent stake in the company's long-delayed $27 billion project in Iraq.

 

The agreement was signed in 2021, according to which Total Energies will implement four oil, gas and renewable energy projects with an initial investment of ten billion dollars in southern Iraq over a period of 25 years.

 

But he faced several setbacks amid disagreements among Iraqi politicians over the terms.

 

Among the main obstacles was Iraq's demand for a 40 percent stake in the project, as Total Energies wants to have a majority stake.

 

A source in the sector said that the agreement to reduce the share to 30 percent was made after meetings in Baghdad during the past few days.

 

Total Energies did not immediately respond to a request for comment.

 

"The agreement will be activated within days," said a senior official at the Iraqi Oil Ministry.

 

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Added 04/04/2023 - 3:53 PM

[yota691]

Al-Sudani: A "temporary" agreement to resume exporting Kurdistan's oil pending approval of the budget

money and business
   

Economy News _ Baghdad
Today, Tuesday, the Sudanese Prime Minister, Muhammad Shia'a, announced the agreement to resume exporting Kurdistan's oil.

 

Al-Sudani added, in a joint press conference with the Prime Minister of the Kurdistan Region, Masrour Barzani, that "the technical authorities must immediately implement the agreement with Erbil and find legal ways for this matter."

 

And he considered, "The agreement confirms the serious and sincere desire of the federal government and the Kurdistan government to confront all the problems and obstacles that were inherited years ago and were postponed, and we did not reach solutions."

 

And he indicated that "any delay in export clearly affects the total expected revenues in the 2023 budget, and therefore the deficit rate will increase, and this matter has great harm to all Iraqis. As for the direct implementation of this agreement, it will reduce the damage."

 

And he stressed "the need for everyone to adhere to this agreement," explaining that it is "a temporary agreement until reaching the approval of the budget, which takes on a legal status, covers all obligations, and addresses all problems in this file."

 

And he continued, "This agreement will pave the way for the passage of the budget law and the texts it contains. It also developed the outcome of a dialogue that took place between the federal government and the regional government that dealt with all issues, including the oil and gas file," expressing his hope that "the House of Representatives will proceed to legislate the budget law as soon as possible to be an umbrella for all HTTP detail file.

 

The Prime Minister went on to say: "We are waiting for a merit, which is the legislation of the oil and gas law, which will address everywhere the imbalance that has accompanied this file since the adoption of the Iraqi constitution," adding that "there are files that have been pending for years, and now there is a political will and interest for all Iraqis to proceed and address all these files in a spirit Constitution and the public interest.

 

 

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Views 117

Added 04/04/2023 - 1:57 PM

[Half Crazy Runner]

It just occurred to me that if they pass the HCL and there is no significant rate change, I’m going to going to feel pretty let down 😩

 

Still hoping though, staying positive 

[yota691]

Signing a final agreement allowing the export of oil from Iraqi Kurdistan via Türkiye

 

Erbil

Ali Hayani

04 April 2023

 

Barzani and Al-Sudani will discuss the final stages of the agreement on the oil file (AFP)

 

Today, Tuesday, the Iraqi government in Baghdad signed with the Kurdistan Regional Government in the north of the country a final agreement stipulating that Baghdad assume the process of fully supervising the export of oil from the fields of the region, which allows the resumption of oil exports again through the Turkish port of Ceyhan.

The export had actually stopped since the arbitral tribunal of the International Chamber of Commerce issued a ruling in favor of Baghdad to stop the export of oil from the Kurdistan region via Turkey, due to the lack of permission from Baghdad.

 

In a press conference held by the Iraqi Prime Minister, Muhammad Shia’ al-Sudani, and the President of the Kurdistan Regional Government, Masrour Barzani, in Baghdad today, Tuesday, after the signing of the agreement, al-Sudani said that the agreement is in the interest of all Iraqis, pointing to the government’s keenness not to increase the budget deficit. the public".

While Barzani explained that "the agreement is important for all Iraqis," noting that "the Sudanese took into account all Iraqis in the agreement, which will form the basis for the budget law and its foundations will be reflected in the oil and gas law."

Barzani stressed that the resumption of oil exports is in the interest of all Iraqis, adding that "we will not give up any of our constitutional rights."

In turn, Hussein Allawi, advisor to the Iraqi prime minister, confirmed that the agreement between the federal government and the Kurdistan Regional Government "will be included in the draft budget that went to Parliament," referring to the current year's financial budget and the region's share of it.

Hussein explained in statements to reporters, "The oil agreement includes the export of 400 thousand barrels (from the fields of the region), and there will be a fund for accounts monitored by the Office of Financial Supervision (of the Iraqi government), and the export process will be carried out through the official Iraqi Oil Company (SOMO).

He added, "Technical tracks are being discussed between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan region regarding joint action mechanisms, whether in the issue of oil export or the draft oil and gas law that is supervised by the Prime Minister on the one hand, and on the other hand he is working to manage these discussions from Before the Energy Council through the Minister of Oil.

And Allawi considered that "dialogues are taking place to implement the path of the political agreement between the federal government and the political forces in the Kurdistan region, and this therefore guarantees for the first time after twenty years an initial draft of the oil and gas law."

Barzani in Baghdad

The head of the Iraqi Kurdistan Regional Government  , Masrour Barzani, arrived at the head of a Kurdish delegation, to the Iraqi capital, Baghdad, today, Tuesday, with the aim of holding extensive meetings with Iraqi officials, most notably Prime Minister Muhammad Shia' al-Sudani.

According to a statement by the media office of the Kurdistan Regional Government, the meeting is to discuss resolving problems between the Kurdistan Region and the Iraqi government, especially discussing the final stages of the agreement on the oil file and the resumption of Kurdistan region's oil exports.

Informed sources confirmed earlier to Al-Araby Al-Jadeed that Barzani will sign today the final agreement with Al-Sudani to resume exporting Kurdistan's oil through the Turkish port of Ceyhan again.

The sources indicated to Al-Araby Al-Jadeed that a final agreement was reached regarding the resumption of exporting the Kurdistan Region's oil starting today, Tuesday, provided that it is under the supervision of the National Oil Marketing Company "SOMO".

 

Turkey had stopped importing oil from the Kurdistan region, against the backdrop of the decision of the arbitral tribunal at the International Chamber of Commerce in Paris, which ruled in favor of Iraq in its dispute with Turkey over oil exports from the Kurdistan region. 

The content of the agreement

The new understanding between the federal government in Baghdad and the Kurdistan Regional Government, according to an official in the regional government who spoke to Al-Araby Al-Jadeed, includes an agreement to assign the position of deputy director of the Iraqi National Marketing Holding Company (SOMO) to a Kurdish figure, as well as “the return of foreign oil companies operating in the region.” Kurdistan to extract oil from the various fields in the region, because the Kurdistan government has signed a series of contracts with it, and it cannot be canceled, in order to avoid exposing the region to criminal penalties.

The sources confirmed that the Iraqi government will send the quantities of fuel that the region needs for local consumption, provided that they are sold at a price similar to the prices in other Iraqi governorates, which is 450 dinars per liter of gasoline and other derivatives.

In the context, the expert on economic affairs, Nabil Jabbar Al-Nuaimi, spoke about the content of the oil agreement between the Iraqi government and the Kurdistan Regional Government, stressing, in his interview with Al-Araby Al-Jadeed, that “the agreement between Baghdad and Erbil includes, according to the leaks, the joint management of oil sales between the SOMO company.” (Oil Marketing Company affiliated to the Iraqi Oil Ministry) and the Ministry of Natural Resources in the Kurdistan Regional Government.

 

According to the economist, "the two parties informed the companies buying Iraqi oil to cancel their contracts, and organize new contracts to buy oil exported from the Kurdistan region at new prices without preferences." He pointed out that "the decision of the arbitral tribunal in the International Chamber of Commerce in favor of the Iraqi government on the export of oil enabled the government to strengthen its position in the negotiations with the Kurdistan region." 

American pressure

A member of the Kurdistan Democratic Party, Wafaa Karim, confirms that the international pressure exerted by the United States of America succeeded in reaching an agreement between Baghdad and Erbil through the resumption of oil exports.

Karim pointed out, in contact with Al-Araby Al-Jadeed, that "the US State Department played a mediating role and conducted a series of contacts with Turkey and the Iraqi government, because it felt that the continuation of the cessation of oil exports from Kurdistan means that the problems between Baghdad and Erbil will return to square one."

A member of the Kurdistan Democratic Party also indicated that "all oil companies operating in the Kurdistan region have received assurances, and therefore will continue to work within the region, and even those that withdrew will start working again."

In this regard, the consultant and expert specialized in oil affairs, Kovind Sherwani, explained that reaching an agreement between the Iraqi government and the Kurdistan Regional Government was expected.

 

In his interview with Al-Araby Al-Jadeed, Sherwani indicated that "the understandings between the two parties have reached advanced stages with regard to approving the oil and gas law, which includes the management of oil wealth in Iraq in general."

The expert in oil affairs added, "The understandings have made good strides, and Baghdad and Erbil realize that stopping oil exports harms them, and there are daily losses estimated at about $40 million, and this matter increases the deficit in Iraq's financial budget."

The same spokesman explained, "The new agreement will have the largest role in it for the "SOMO" company, and the financial returns will be placed in a special account that is subject to legal review, and the waste will stop after the resumption of oil exports to supply Iraq with millions of dollars.

[jg1]

The saga continues. No HCL. 

[6ly410]

 

Kurdistan Parliament welcomes the agreement of Erbil and Baghdad and prepares it as the beginning of a common understanding

Posted 16 seconds ago

 

Kurdistan Parliament welcomes the Erbil-Baghdad agreement and considers it the beginning of a common understanding - Iraq News (iraqakhbar-com.translate.goog)

 

news source /Shafak News

2023-04-04T13:40:39.000000Z
 

Shafaq News/ The Presidency of Kurdistan Parliament welcomed, on Tuesday, the agreement concluded between the regional government and the federal government on the oil file.

"After resolving the oil and gas file between the federal government and the Kurdistan Regional Government, the Kurdistan Parliament welcomes the agreement and congratulates the Kurdish and Iraqi people, and hopes that this agreement will be the beginning of a good and common understanding to resolve the rest of the outstanding issues as well," said the Speaker of the Kurdistan Parliament, Rewaz Faiq, in a statement received by Shafaq News agency. .

"The Kurdish people have gone through difficult years of a tiring crisis due to disputes over the oil file, so the people expect all of us to establish a new phase of security, peace and justice among all segments of society and all cities," the speaker of parliament added.

And she concluded, “After confirming the region’s sources of income, we insist on the entitlements of our region within the budget of the Iraqi state,” stressing the necessity for the regional government to “send the draft budget law to parliament in the present and the future, and to fulfill our legal obligations in this regard.”

Today, Tuesday (4 April 2023), the federal government signed an agreement with the Kurdistan Regional Government to resume exporting the region's oil.

This morning, Masrour Barzani arrived in the federal capital, Baghdad, at the head of a high-ranking delegation from the regional government. Immediately upon his arrival, he held a meeting with Al-Sudani, during which he discussed a solution to the problems between the region and the federal government, especially discussing the final stages of the agreement on the oil file and the resumption of the region's oil exports.

[6ly410]

Speaker of the Kurdistan Parliament: The oil agreement inaugurates a phase of guarantee and justice

Politics | Today, 17:05 | 

Speaker of the Kurdistan Parliament: The oil agreement inaugurates a phase of guarantee and justice » Baghdad News Agency Today (baghdadtoday.news)

  

 

 

Baghdad Today - Baghdad

The Speaker of the Kurdistan Regional Parliament, Riwaz Faeq, on Tuesday, the oil agreement between Baghdad and Erbil, as the beginning of a common understanding on all controversial files, pointing out that the people are looking forward to a new stage.

 

Faeq said in a statement received by "Baghdad Today", that "the Kurdistan Regional Parliament welcomes the oil agreement reached between the federal government and the Kurdistan Regional Government, and while we congratulate the people of Kurdistan and Iraq for that, we hope that it will be a good precursor to a common understanding on all outstanding controversial files between Erbil and Baghdad and to start a new page of positive relations and joint cooperation."

He added that "the Kurdish people have gone through difficult years of economic crises as a result of unproductive tensions and conflicts due to the oil file."

He continued: "Our people are looking forward to launching a new phase in which guarantee and stability prevail, and justice is enshrined among the groups of society and all provinces and kasbahs, and this is everyone's responsibility."

He pointed out that "in dedication to this principle, and after ensuring the sources of revenues of the region, and as the efforts made to reach an agreement to fix the region's dues in the draft federal budget law, and out of constitutional and legal responsibility and in the same logic of dialogue, negotiation and agreement, the Kurdistan Regional Government is required now and in the future to prepare a draft budget law for the region and send it to the regional parliament in implementation of our legal obligations in this regard."

[6ly410]

Kurdistan Parliament welcomes agreement between federal and regional governments

Tuesday 04, April 2023 16:56 |PoliticalViews: 67

Kurdistan Parliament welcomes agreement between federal and regional governments (ninanews-com.translate.goog)

Baghdad / NINA / - The Kurdistan Parliament Presidency welcomed the agreement concluded between the regional government and the federal government on the oil file.

"After resolving the oil and gas file between the federal government and the regional government, the Kurdistan Parliament welcomed the agreement and congratulates the Iraqi and Kurdish people and hopes that this agreement will be the beginning of a good and common understanding to solve the rest of the outstanding issues as well," said the Speaker of the Kurdistan Parliament, Rewaz Faiq, in a statement.


The Speaker of Parliament added: "The Kurdish people have gone through difficult years of tiring crisis due to differences over the oil file, so the people expect us all to establish a new phase of security, peace and justice among all segments of society and all cities."

Today, the federal government and the Kurdistan region signed an agreement to resume exporting the region's oil./ End 7

[6ly410]

The Presidency of the Kurdistan Parliament comments on the oil agreement with Baghdad and calls for the preparation of the region's budget

2023.04.04 - 16:57

The Presidency of the Kurdistan Parliament comments on the oil agreement with Baghdad and calls for the preparation of the region's budget (nasnews.com)

 

  

Baghdad – Nas  

The Speaker of the Kurdistan Regional Parliament, Rewaz Faeq, commented on Tuesday on the oil agreement between the federal government and the Kurdistan Regional Government.  

    

  

Faeq said in a statement received by NAS (April 4, 2023), "The Kurdistan Regional Parliament welcomes the oil agreement reached between the federal government and the Kurdistan Regional Government, and while we congratulate the people of Kurdistan and Iraq for that, we hope that it will be a good precursor to a common understanding on all outstanding contentious files between Erbil and Baghdad and to start a new page of positive relations and joint cooperation."  

  

She added, "The Kurdish people have gone through difficult years of economic crises as a result of unproductive tensions and conflicts due to the oil file. Our people are looking forward to the inauguration of a new phase in which guarantee and stability prevail, and in which justice is enshrined among the groups of society and all governorates and kasbahs, and this is everyone's responsibility."  

  

She continued, "In dedication to this principle, and after guaranteeing the region's sources of revenue, and as the efforts made to reach an agreement to fix the region's dues in the draft federal budget law, and out of constitutional and legal responsibility and in the same logic of dialogue, negotiation and agreement, the Kurdistan Regional Government is required now and in the future to prepare the draft budget law of the region and send it to the regional parliament in implementation of our legal obligations in this regard."  

  

Earlier, Prime Minister Mohammed Shia al-Sudani announced the agreement to resume the export of oil in the Kurdistan region, stressing that the technical authorities should immediately start implementing the agreement with Erbil.  

  

Al-Sudani said during a joint press conference with the Prime Minister of the Kurdistan Region, Masrour Barzani, followed by "NAS", (April 4, 2023), "The technical authorities must immediately start implementing the agreement with Erbil and find legal ways for this matter."   

  

"The agreement confirms the serious and sincere desire of the federal government and the Kurdistan government to face all the problems and obstacles that have been inherited for years and postponed and in which we have not reached solutions," he said.   

  

He added that "facing these entitlements in a professional spirit stems from the public interest of all the Iraqi people, whether in the Kurdistan region or the rest of the provinces," noting that "this is what has been translated into the draft budget law, expressing his hope that "the House of Representatives will proceed to legislate the budget law as soon as possible to be an umbrella for all the file with manifold details."   

  

He continued: "We are waiting for a merit, which is the legislation of the oil and gas law, which will address everywhere the imbalance that accompanied this file since the adoption of the Iraqi constitution," praising "the efforts of the two parties in the federal government and the Kurdistan Regional Government for the professional and responsible negotiations that have been held, and we hope that they will immediately start implementing the agreement."   

  

Al-Sudani pointed out that "this agreement will pave the way for the passage of the budget law and the texts it contained, which also set the outcome of a dialogue between the federal government and the regional government that dealt with all issues, including the oil and gas file," noting that "there are pending files for years and now there is political will and interest for all Iraqis to proceed and address all these files in the spirit of the constitution and the public interest."   

  

He pointed out that "any delay in export clearly affects the total revenues expected in the 2023 budget, and therefore the deficit rate will rise, and this matter is very harmful to all Iraqis, but starting the implementation of this agreement will reduce the damage."   

  

He noted that "this agreement came as a result of discussions that lasted for several days and in a professional spirit to find a solution to the problem of everyone affected by it, and we must remove all obstacles in order to resume exports, enhance public budget revenues and cover the needs as decreed in the budget law," stressing the need for everyone to abide by this agreement, which is a temporary agreement until reaching the adoption of the budget, which takes legal status and covers all obligations and addresses all problems in this file.   

  

For his part, the President of the Kurdistan Regional Government, Masrour Barzani, that the agreement between Baghdad and the region will be the basis for the budget, noting that Al-Sudani is the prime minister of all Iraqis.   

  

Barzani said during the same conference, "This agreement for all Iraqis will be mainly in the budget, and even the oil and gas law because it will be implemented in a controlled manner," pointing out that "stopping the export of oil in the region is not harmful to the Kurdish people, but to all the Iraqi people."   

  

He pointed out that "the re-export of oil in the Kurdistan region will be beneficial to everyone and that we will seek a comprehensive and good agreement between the federal government and the regional government without leaving any aspect of our constitutional rights, but to enable the relationship between the region and the federal government."   

  

He continued: "I thank Prime Minister Mohammed Shia al-Sudani because he really works as prime minister for all Iraqis, and he took into account the interests of the people of the region and under his supervision this agreement was made, and I assure that it will be good for all Iraqis."   

  

The Prime Minister, Mohammed Shia Al-Sudani, signed with the President of the Kurdistan Regional Government, Masrour Barzani, on Tuesday, an agreement to resume the export of oil from the Kurdistan region to the Turkish port of Ceyhan.  

  

According to the agreement, the position of deputy director of the Iraqi Oil Marketing Company (SOMO) will be granted to the Kurdistan Regional Government.   

  

The President of the Kurdistan Regional Government, Masrour Barzani, arrived on Tuesday in the capital Baghdad accompanied by Minister of Natural Resources Kamal Mohammed to resolve the resumption of oil exports through SOMO.   

  

Earlier, official sources told Reuters that the Iraqi federal government and the Kurdistan Regional Government have reached a final agreement to resume oil exports from the north and that it is scheduled to be announced on Tuesday.  

  

A government official in Baghdad said a formal request had been sent to Turkey to resume oil exports via Turkey's Ceyhan pipeline, with pumping to resume in the next few hours.   

  

Oil and oil imports have been the focus of historical disputes between Baghdad, which insists that exports be federalized through SOMO, and Erbil, which has been granted large financial imports by export control that have contributed to relative economic independence from Baghdad.   

  

The volume of oil exported by the region amounts to 0.5 percent of the volume of global oil exports, but the export halt has pushed global oil prices to $80 a barrel, according to the Financial Times.   

  

According to the same newspaper, the KRG was selling its oil at a large discount in order to encourage buyers.   

  

Turkey halted the flow of oil through the TADAWUL:2360 pipeline from Kirkuk's fields in the semi-autonomous Northern Province to the port of Ceyhan on March 25, after losing a lawsuit brought by Baghdad before the ICC arbitral tribunal.   

  

The pipelines transport about 450,<> barrels per day of oil, according to Reuters.   

  

Iraq began its legal procedures to force the Kurdistan region to stop exporting in conjunction with the end of the second term of former Iraqi Prime Minister Nouri al-Maliki in 2014.   

  

At the end of the same year, the lawsuit was suspended by Abadi's government, and activated again in 2017 before being frozen again.   

  

Outgoing Prime Minister Adel Abdul Mahdi completely suspended the lawsuit at the end of 2019, before former Prime Minister Mustafa al-Kadhimi reactivated it.   

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Kurdistan Parliament: The oil agreement inaugurates a new phase with Baghdad

•  Time : 2023/04/04 17:23:42
•  
•  Kurdistan Parliament: The oil agreement inaugurates a new phase with Baghdad - Al-Furat News (alforatnews.iq)

  

The Kurdistan Regional Parliament welcomed the oil agreement between the Kurdistan Government and the federal government in Baghdad, hoping that the agreement would be a good precursor to a common understanding on all outstanding contentious files between Baghdad and Erbil.

The parliament indicated in a statement on Tuesday that the new agreement could push relations and joint cooperation between the two parties to a new positive stage.

The parliament expressed its aspiration, as a representative of the people in the Kurdistan Region, to "inaugurate a new phase in which guarantee and stability prevail, and justice is enshrined among the groups of society and all governorates and kasbahs."

The Kurdistan Parliament, after guaranteeing the sources of revenues of the region, and the efforts made to reach an agreement to fix the region's dues in the draft federal budget law, called on the Kurdistan Regional Government to prepare a draft budget law for the Kurdistan Region and send it to the Regional Parliament in implementation of its legal obligations in this regard.

Baghdad and Erbil reached this morning an agreement signed between the two sides on the export of oil from the Kurdistan region.

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Northern Iraq crude exports to resume today

Northern Iraq crude exports to resume today | Argus Media

Published date: 04 April 2023

 

Crude exports from northern Iraq via Turkey will resume today after a deal was signed between the semiautonomous Kurdistan Regional Government (KRG) and the federal government in Baghdad.

"Oil exports to resume today," the KRG's head of foreign media affairs Lawk Ghafuri said.

But the deal "is temporary," KRG prime minister Masrour Barzani said at the signing ceremony, which was attended also by his Iraqi counterpart Mohammed Shia al-Sudani. It will remain in effect until Baghdad's oil and gas bill is approved by parliament. This could be in the coming weeks.

Around 400,000 b/d of northern Iraqi Kurdish crude has been kept from reaching international markets since 25 March, after Turkey closed the export pipeline that transports it to the Mediterranean port of Ceyhan — the only viable outlet through which the KRG can export its crude. Ankara's move followed a ruling by the Paris-based International Chamber of Commerce's court of arbitration, which said Turkey had breached a 1973 bilateral agreement with Iraq by allowing crude marketed by the KRG to be exported without Baghdad's consent.

With the deal concluded, Turkey now will facilitate the resumption of pipeline flows to Ceyhan.

The deal stipulates that crude from the Kurdistan region will now be jointly exported by the KRG's natural resources ministry and Iraq's federal oil marketing firm Somo, according to sources. An account will be set up at the Iraqi Central Bank for oil revenues under the KRG's management, which Iraq's federal government will have monitoring access.

The resumption of crude exports comes on the heels of a unflagged decision by eight members of the Opec+ coalition, including Iraq, to collectively cut 1.16mn b/d from their oil production from May until the end of the year. That has increased June Ice Brent prices by around $5/bl to around $85/bl.

By Bachar Halabi