Barzani to visit Baghdad for understanding the distribution of oil revenues Kurdish

Sunday, 24 October / 2 November 2013 17:46

   

Twilight News / The head of the Kurdistan Regional Government of Iraq, Barzani that he would visit Baghdad in the coming period to reach an understanding with Baghdad over Kurdish oil export via the new pipeline will hopefully be completed soon and how the distribution of imports.

alt Baghdad opposes the Kurdistan oil exports alone without reference to it, while moving the region forward to sell its oil to world markets via Turkey.

Baghdad says it alone Her right to control exports and the conclusion of transactions while Kurdistan says that the right to do so is guaranteed by the Constitution.



Barzani said during a meeting of his cabinet that he expects to start exporting oil through the new line at the beginning of next year, adding that the Ministry of Natural Resources and the provincial government are working to finish close to the project timeline.

The Iraqi government had asked earlier in the Kurdistan connect the new pipeline connecting line between Kirkuk and Ceyhan in Turkey, so as to allow Baghdad to measure the level of the flow of crude.

There is also a dispute between Baghdad and Kurdistan about the distribution of oil revenues, which is scheduled pumped through the line, and the effects of continuous courtship Turkey Kurds to anger the central government.

Barzani said, "I will visit Baghdad in the coming period, where I will present the agreement to the federal government," in an apparent reference to the agreement with Ankara.

She spoke to press reports about the conclusion of Kurdistan and Ankara recently final agreements on the export of oil, as well as the extension of a second pipeline to export oil and another for gas export.

Ankara and looking with a proposal from Baghdad before the period would put oil export revenues of Kurdistan in a special bank account owned by the Turkish state and then distributed between the KRG and the central government.

Barzani said, "We will seek to explain the agreement to them and come to an understanding with them in the interest of all Iraqis."

The total production capacity of Kurdistan about 350 thousand barrels per day and is expected to rise to 400 thousand barrels per day, the end of this year and one million barrels per day in 2015 and two million barrels per day in 2019.

The Kurdish transports crude to world markets via a pipeline Kirkuk - Ceyhan which is controlled by Baghdad to Turkey, but the Kurdish exports across the track stopped last year because of a dispute over payments.

Kurdistan began exporting crude individually from the Taq Taq oil field to the Turkish port of Mersin in early January via trucks.

And oil as well as the disputed territories are the essence of the dispute between the federal government and the province of Kurdistan.


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