Presidency of the Kurdistan Region entitle Shaways to negotiate with Baghdad on oil export proposals

Saturday, February 7, 2014 11:47


Twilight News / Kurdish political source revealed early Friday, for the presidency of the Kurdistan Region authorized the Deputy Prime Minister for Economic Affairs Rose Nuri Shaways to negotiate with the federal government on proposals to export oil, pointing out that a delegation from the region will not attend to Baghdad again.

Said the source, who asked not to be identified, said in an interview with "Twilight News", "Shaways will begin early next week, crucial negotiations with the federal government to reach an agreement on the mechanism for the export of oil from the region."

The source added that "the presidency of the region Shaways authorized management to negotiate and file according to the proposals, which carried him from the province to Baghdad," noting that "a delegation from the region will come to Baghdad to negotiate and will be given Shaways file management."

And entered into Kurdistan last year agreements with Turkey to export Kurdish oil through a new pipeline to Imitdd Turkish port of Ceyhan on the Mediterranean to sell in global markets.

This development has raised the wrath of officials in Baghdad, who assert that the federal government is the only owner the right to manage Iraq's energy resources.

Under a clause in the budget to deduct part of the Kurdistan share of the budget if you do not abide by the export of 400 thousand barrels of oil per day via the export of Iraqi oil "Sumo" state-owned.

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Baghdad and Erbil from approaching agreement on oil dispute

Istanbul _ Reuters
Thursday, February 6, 2014

For Mohamed Al, head of the company "Ganl Energy", which operates in the Kurdistan region of Iraq, that "the region and the central government in Baghdad are close to resolving a long dispute on sharing oil revenues."

The Kurdistan Regional Government and its theory and Turkey signed a series of agreements on energy in November (November), allows the export of oil and gas reserves of the semi-autonomous region to the outside without the permission of the central government.

Baghdad and threatened to "sue" companies, which pumps oil from Kurdistan via the pipeline that duration Government of the Territory, as you feel the Iraqi authorities to "concern about what it considers a step toward independence for the region."

Despite the escalating war of words between Erbil and Baghdad also continued talks between the two sides. Said Mohammed for the near sources of talks, "he sees a deal on the horizon."

He told Reuters, "We did not at any time before the close of this reduction of the conclusion of the agreement, was to identify the issues that caused the crisis. Has been significant progress."

The central government insists that it alone is the right owner of "exporting Iraqi resources including the resources of the Kurdistan region north of the country."

According to the Kurdistan Regional Government, "The right to exploit and export reserves the territory stipulated in the constitution of the Federal drawn up after the invasion led by the United States to the country in 2003. Acknowledged the territory of its own legislation on oil and gas."

The company "Ganl" one of the first companies, which export oil from Kurdistan will benefit from the solution to the dispute between Baghdad and the region.

Said Hussein al-Shahristani, Iraqi Deputy Prime Minister for Energy, on the first of February, he has been some progress in the talks and can reach a "solution soon."

An official in the central government, "The Kurds still insist on dealing with exports across the region-specific marketing company which is strongly rejected by Baghdad." Official did not expect an imminent breakthrough in the talks.


But for stressed that "the differences diminished according to the latest developments, which came out about the talks," he added, "There are three issues that now need to be resolved."

He said, "that these thorny issues is whether Iraqi oil marketing company, or those for which the region is the deal with the sales, and the selection of the bank account which will be deposited into the revenue side of the payments owed to the oil companies operating in Kurdistan."

He said, for "The Baghdad agreed to pay 17 percent of total revenues for the Kurds under the Iraqi constitution. Then each party will pay the outstanding payments to companies that contract with them, which would end the debate about the legality of the Kurdish contracts.

He said, for "There is a debate underway regarding the establishment of an entity comprised of representatives of the two companies is likely that there will be a joint work between the two sides."

"The most difficult issue is the bank account. Baghdad is you want to deposit revenues in the Development Fund for Iraq, rather than deposited in the Bank of Turkish government."

He pointed out that for "payments owed to the existing oil companies operating in the Kurdistan region is a major problem to be solved, up the total amount owed to the companies for exports prior to the equivalent value of about 50 million barrels."


http://www.ahewar.org/news/s.news.asp?nid=1563692

"Genel Energy" reveal near reaching an agreement between Baghdad and Erbil on oil revenues




Editor Mohammed Shafiq - Friday February 7, 2014 15:31



Alsumaria News / Baghdad
The chairman of the company, "Genel Energy" Turkish English that operate in the Kurdistan region of Iraq, for Muhammad, on Friday, the region and the central government in Baghdad approaching from a long-term solution to a dispute on sharing oil revenues.

Reuters quoted for saying that he "did not at any time before the close of this limit to conclude an agreement ... was to identify the issues that caused the crisis. Has been significant progress," noting that "differences shrunk according to the latest developments briefed them about the talks.

He added that "there are three issues that now need to be resolved," he said, adding that "these thorny issues is whether Iraqi oil marketing company, or those of the region that will deal with the sales and choose the bank account the deposit of the revenue as well as payments of oil owed to the companies operating in Kurdistan. "

He pointed to the way that "Baghdad has agreed to pay 17 percent of the total revenue of the Kurds under the Iraqi constitution, and thereafter each party will pay the outstanding payments to companies that contract with them, which would end the debate about the legality of the Kurdish contracts."

He stressed that "there is a debate is underway regarding the establishment of an entity comprised of representatives of the two companies is likely that there will be a joint work between the two sides," explaining that "the issue more difficult is the bank account, Baghdad is you want to deposit revenues in the Development Fund for Iraq, rather than deposited in the Bank of Turkish government."

The Deputy Prime Minister for Energy Hussain al-Shahristani said in a (fifth of February) that negotiations are still ongoing with the Kurdistan region on the oil produced, indicating the presence of technical points are still stuck between the two sides.

The origin of the ancient dispute between the Governments renewed Baghdad and Erbil dates back to the oil contracts concluded by the region and which Baghdad deems illegal, while the region say they are based on the Iraqi constitution and the bilateral agreements with the federal government.


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