KRG confirms the export of oil through Turkey and says: We will continue to sell oil independently of Baghdad
KRG confirms the export of oil through Turkey and says: We will continue to sell oil independently of Baghdad
Saturday, 24 May / May 2014 09:23
[Baghdad – where]
The Government of the Kurdistan sold a load of crude oil extracted from the region through Turkey independently of the federal government in Baghdad.
The Turkish Energy Minister Taner Yildiz announced the first Thursday start exporting the first shipment of crude oil to the Kurdistan region through the Turkish port of Ceyhan on the Mediterranean Sea to world markets abroad, “noting that” the first shipment of crude oil transported via pipeline and size of one million barrels, are loaded in the port of Ceyhan, where they were storing about 2.5 million barrels of crude oil from Kurdistan. ”
A statement by the provincial government agency received all of Iraq [where] a copy of which was “in line with its policy in the implementation of the Iraqi constitution in 2005, and assist Iraq in achieving its objectives in the field of investment, export and oil revenues, the Kurdistan Regional Government to the implementation of the first sales of crude oil produced in Kurdistan through the pipeline, who arrived in the port of Ceyhan [Turkish]. ”
The statement added, “I left a tanker loaded with more than a million barrels of crude oil last night Turkish port of Ceyhan towards Europe, and this meal is the beginning of a series of sales of this type of oil exports through the pipeline in the region recently prepared for the purpose of export.”
He pointed out that he “will be deposited revenues this meal in the calculation under the authority of the Kurdistan Regional Government in the Bank [Halkbank] in Turkey, and will be treated as part of Merit budget Kurdistan Regional Government in the framework of the distribution and sharing of Iraq’s revenues and distribution as defined under the constitution of 2005.”
The Kurdistan Regional Government, said, “To implement the commitment to Iraq by UN resolutions, will be determined by the proportion of 5% of sales revenue set aside in a special account last Compensation remaining international and that is to be paid by Iraq, in line with the commitment of the Kurdistan Regional Government transparency, expressing the hope that the Iraqi oil marketing company Federal Sumo accept the invitation of the Kurdistan Regional Government to control the export process. ”
The provincial government confirmed that it “will continue to exercise their rights in the export and sale of oil independently of the Sumo but still committed to negotiating in good faith in talks with Baghdad, in order to reach a final address to the issue of oil in the framework of the Iraqi constitution.”
She concluded her statement by saying that “the Kurdistan Regional Government has worked tirelessly with partners and international investors to create new paths to achieve economic growth and prosperity for the people of Kurdistan and Iraq, and the Kurdistan Regional Government is ready to be a source of reliable and stable power both to its immediate neighbors and the international markets.”
The Federal Ministry of Oil in Baghdad announced on Friday set up a lawsuit against the Ministry of Natural Resources in the Kurdistan Regional Government for its export oil without the approval of the Federal Government and the Ministry of oil through Turkey to world markets.
According to a ministry statement received [where] a copy of it which it warned “all oil companies to purchase Iraqi oil which is exported illegally downloading these actors all legal consequences”, declaring “the start of legal proceedings against Turkey and company Botas pipe owned by the state for violating the agreement signed between the two countries in 2010 and make a complaint to the International Chamber of Commerce in Paris. ”
The Iraqi government announced its quest to stop the transport, storage and loading unauthorized crude oil being poured into the Kurdistan Regional Government in the pipeline, Iraq – Turkey.
The odds between Baghdad and Erbil on the distribution of oil revenues and the effects of the ongoing convergence of Turkey to Kurdish anger the central government, which says it is her sole authority in the administration of Iraqi oil contracts, and the region with foreign oil companies and the intention to export oil abroad contrary to the Constitution. Ended
alliraqnews.com
