Oil warns the province of withholding part of its budget and invites him to deliver oil

Date: Sunday 17/03/2013 07:12 pm





In a new escalation between the province and the center ..

Basra - Follow-up
Oil Ministry warned the Kurdistan Regional Government of withholding part of the province's budget in the absence put the amount of oil produced by the disposal of the Iraqi government, a sign "that the region's failure to deliver its oil damage to the public budget.

Said Oil Minister Abdul Karim and coffee in an interview with a number of journalists during the forum the development of the Iraqi private sector, which was held in Basra "The Ministry of Oil bound during the current year under the budget law to export crude oil at 2.0009 million barrels a day, including 250 thousand barrels per day of the Kurdistan region, but unfortunately this amount parked until today because of the dispute from the region, "noting that" the region has to rush in accordance with the Constitution and laws to deliver oil produced by the Iraqi oil marketing company, to enable them to market it, and then put the proceeds in the Treasury of the State to be distributed to all Iraqis.

"He pointed to coffee that" the Kurdistan Regional Government insists Unlike contexts applicable to the Iraqi government to pay the costs of producing oil extracted from fields in the region in advance and before audited by the Audit Court, "adding that" the Government of the region also rejected real commitment to deliver quantities of oil extracted from fields in the region to the Iraqi government.

" He warned of coffee that "any damage to the public budget as a result of the reluctance of the region for the delivery of oil to the Iraqi government would withhold a percentage of financial allocations to the region, and this does not wish to happen."

It is noteworthy that Iraq currently produces about three million and 300 thousand barrels of crude oil per day, and most of those quantities exported by tankers freely through the ports of Amaya and Basra (virgin deep previously) as well as platforms Aaúmtin new, and pumped oil platforms and ports via pipeline network extends underwater relate storage warehouses located near the center of the coastal Faw, about (100 km south of the city of Basra), while export quantities produced from the northern fields to the Turkish port of Ceyhan on the Mediterranean through a tube conveyor, as export of oil to Jordan using pelvic carriers, also proceeded Before the Kurdistan region to export oil to Turkey without the consent of the Iraqi government, which caused the deepening political differences between Erbil and Baghdad.


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