Parliamentary energy looking with Abdul-Mahdi Sunday in Baghdad and Erbil agreement and lower oil prices

Thursday 0.08 2 December / January 2015 12:34


[Baghdad-where]

Commission on oil and energy parliamentary decided to host the oil minister Adel Abdul Mahdi on Sunday to discuss a number of energy files.

The committee member said Razak Mheibes told all of Iraq [where] that "the Committee met today and decided to host the oil minister Adel Abdul Mahdi, next Sunday to discuss around Baghdad and Erbil agreement and strategic vision of the ministry to address the low impact of oil prices on the Iraqi economy."

The federal government and the Kurdistan Regional Government has announced in the second from December 2014 to reach an agreement in relation to oil exports and the region's share of the budget.

The agreement included the export of the Kurdistan region 250 000 barrels per day through Turkey's Ceyhan line with the export of 300 000 barrels of the province of Kirkuk fields through the same line, and delivery of their revenues to the federal government, which agreed to turn the Kurdish Peshmerga forces paying salaries as part of the Iraqi security system.

The two sides decided to hold meetings continued and the formation of joint committees to develop mechanisms in order to establish a true relationship based on the Constitution in accordance with the principle of partnership and justice, "according to the announcement by Oil Minister Adel Abdul-Mahdi.

The head of the Kurdistan Regional Government and the President of the Kurdish delegation negotiating Barzani has welcomed the agreement, they returned him a new page in relations between Baghdad and Erbil.


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