Baghdad reduce the importance of the oil contracts 'Kurdish'

April 12, 2013


Reduce oil adviser in the Iraqi government, Hamza jeweler, of the importance of the contracts signed by the Kurdistan region with international oil companies, and they preferred not considered adventurous with their own money with the region, paid to the non-application of the contracts in practice.

He pointed out that «the ministry to consider it part of a constitutional, The Region does not have full powers of an independent state, and there are limits must be observed in the external and internal transactions.

He explained that the information arrived in Baghdad that the territorial Government and departments of oil companies bet on the influence of their governments to the Iraqi government, but the dissolution of the Ministry of Oil ExxonMobil contract delivering a message that there is no influence by any country in the world. He said: «foreign companies preferred not to venture their money contracts with the region, they are learning that it is unconstitutional and the result will be the loss of opportunities to invest in Iraq.

He stressed that the KRG signed more than 50 contracts with international companies to create and develop oil fields and geological surveys and other, but the reality is that the active contracts are only five.

He returned file Kurdistan oil to the fore as a point of disagreement between the governments in Baghdad and the region after the recent remarks of Prime Minister Recep Tayyip Erdogan, who has defended the project with the Kurdistan region's oil, adding that the region has the right according to the constitution in trade with any country he wants.

Maliki's government has accused the region deliberately clandestine export of crude oil to Turkey, without putting the proceeds into the Development Fund Central Region attributed it to his need for derivatives which overshadowed his Baghdad. The Iraqi constitution stipulates that «oil is a national resource for all Iraqis and managed by the central government and the proceeds divided on the Iraqi people equally.

And defended the deputy in the Iraqi parliament from the Kurdistan Alliance, Najiba Najib, for the right of the Government of the Territory at the conclusion of these contracts, and said «all contracts signed sober and signed with major international companies which constitutional recognition by the Government of Iraq.

She said in a statement to «life» that «foreign companies is wary of labor within the region especially after the Baghdad government recognized the right of these companies to get their financial dues and it was included within the law explicitly.

She stated that fifty contracts originally of benefit to all members of the Iraqi people and the region will exceed oil revenues billion over a very short period and it will be to «Development Fund for Iraq.

The explorer's oil reserves in the region 13 billion barrels, and possible reserves 43 billion according to studies conducted by specialized international companies, predicted the existence of larger quantities of these numbers within the territory of the region.

Iraq has produced more than three million barrels of oil a day, emits more than two million, and oil accounts for 94 percent of the revenues of the country in particular that has the third reserves in the world after Saudi Arabia and Iran, an estimated 115 billion barrels.


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