***** Agreement Erbil, Baghdad and Ankara on the export of oil will bring profits for all

March 13, 2014 11:46 Last Updated: March 13, 2014 11:46


The financial institution Swiss analytical study titled (the future in hand), published by the site (Pro - Active Investors Proactive Investors) economic news, and shared it with (long-Presse), said that "both of the Kurdistan region and Baghdad and Turkey will achieve significant profits through them reaching for the settlement of which is to agree on oil exports via Turkey, "asserting that" is imminent. " According to the newspaper term

Institution added that "there are reports Ptousel parties to the agreement rough on some of the key points in the problem, such as the process of joint marketing and revenue-sharing with the identification of the national budget," noting that "this progress is achieved with the help of the completion of the establishment of the infrastructure for the export pipeline through Turkey, as well as U.S. support directed of the country ahead of the upcoming parliamentary elections, which helped bring in Erbil to meet again in Baghdad and sit at the table of dialogue with the central government. "

For his part, said economic expert Daniel Aekesten Foundation (UBS) Finance, said that "our expectations speculative to suggest that export through the pipeline will lead to the achievement of financial returns to the state treasury an estimated 8 to 9 billion dollars annually," expected to "lead the pragmatic economic and political to collect Parties to the agreement together. "

The Aekesten that "import of crude oil and gas from the Kurdistan would benefit to Turkey, where it will provide three billion dollars annually in the import list of other places."

The Turkish Energy Minister Taner Yildiz refused, last February allegations that the export of oil through the Turkish port of Ceyhan without the consent of the Iraqi government, and stressed that any barrel of oil will not pass without the approval of Baghdad, as pointed out that Iraq's oil inventory at the port reached about 425 thousand barrels.

Revealed the Kurdistan Alliance bloc parliamentary, in the (February 15, 2014), said that Erbil has proposed the formation of a joint committee to oversee the Oil Marketing Company (SOMO), likely near agreement on file oil what will accelerate the possibility of adoption of the budget for the current year, while counting a member of the Finance Committee Parliament, that the federal government "does not stand" against the demands of the region, oil-related companies and entitlements and the Peshmerga, but you want to "be conducted according to legal procedures," and accused the other political blocs as "not serious" in passing the budget.


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