Baghdad and the provincial agreement on oil will ensure that return more than $ 30 billion to the state treasury
Abdul-Mahdi: Baghdad and the provincial agreement on oil will ensure that return more than $ 30 billion to the state treasury
Fri, November 14 / November 2014 13:37
Oil Minister Adel Abdul-Mahdi, said that the recent agreement with the government of the Kurdistan region of Iraq will ensure that we re to the Treasury exports nearly a million barrels of oil per day, from Kurdistan and fields of Kirkuk and north, ie tens of billions of dollars that we lost during 2014, which amounts to more than 30 billion dollars.
And between Abdul-Mahdi said in a statement received by all of Iraq [where] after extensive consultations within the outskirts of the federal government and between the parliamentary blocs and with the Kurdistan Regional Government, and under the guidance of the Prime Minister Haider al-Abadi, and the implementation of paragraph 17 of the government curriculum, which requires “solving the outstanding differences between the government Federal and Kurdistan Regional Government in my general budget and export Alinvt..alkh .. What necessitated the mutual commitments, agreement was reached with the provincial government to begin maiden steps to rebuild confidence and resolve differences in a comprehensive, just and constitutional after the crisis escalated, and formed a rift threatens not economic interests The security and political, but also threatens national unity. ”
He said the “agreement, whereby the federal government transferred $ 500 million to the provincial government with the provincial government put 150 000 barrels of crude oil per day at the disposal of the Federal Government.
“The federal and the Kurdistan region governments, had already reached in 2014 and the years before that, in many times, the agreements did not find their way to the application, or applied for a short period and then stopped, and perhaps the last attempts what was agreed upon at a joint meeting between the two parties Minutes in 21 / 4/2014 requires to proceed to pump the oil produced from the region by 50 000 b / d through the Iraqi-Turkish line and (50) thousand b / d through the production system in the Zab region, “noting that” the correspondence continued between the parties in this regard, and almost to reach the result, but high uncertainty, and the accumulation of requirements and monounsaturated accounts, led to a final stop in 07/08/2014, according to the official books. ”
He said Abdul-Mahdi, “The difference has led in 2014 to the Iraqi treasury loss for the production of oil from the region and exports and to the loss of the province to receive their dues from the general budget, in addition to the loss of production of Kirkuk, starting from March 2014, after being destroyed by terrorism, oil pipeline carrier, and seized some of the fields and facilities “but he also said that” From here came the necessity to restore the atmosphere of trust and mutual cooperation building, which resulted in the recent agreement, stressing that the 500 million dollars that will be transferred to the provincial government, and 150 thousand barrels per day, which will be handed over the federal government does not constitute a final solution, not the cause of mutual benefits , nor to the issue of exports and production, but also opened the way for the start of the development of a comprehensive, just and constitutional solutions to all outstanding issues. ”
He continued that “the agreement above that have been respected and sponsorship honestly and faithfully, and developed especially during the visit of Barzani Prime Minister of the Kurdistan Regional Government to Baghdad in the next few days will ensure that we re to the Treasury exports nearly a million barrels of oil per day, from Kurdistan and fields of Kirkuk and north, ie tens of billions of dollars that we lost during 2014 [more than $ 30 billion] which we funds need it most, especially with the drop in oil prices and the prospect of continuing to decline through 2015, “explaining that” whatever excuses or arguments here or there, but we should appreciate our responsibilities Well, we stand in front of two policies either mutual loss, or profit Almottagabl, the first destructive politics everybody and lead to losses and complaints and doubts and figures rejected by the other party, stressing that past experience shining proof of what we say, while the logic of mutual profit adds to profits unforeseen and direct profits unforeseen and non- directly make an extra one million barrels of oil a day is not just only a number, but figures will double system of common interest and benefits indirect and invisible to all, which will be channeled to all in the interest of the country and the people of Iraq as a whole. ”
The oil minister, Adel Abdul-Mahdi visited Thursday to Kurdistan on the termination of the outstanding issues between the province and the federal government on oil.
KRG was announced yesterday that the agreement with the Baghdad government on a comprehensive and just solution to the problems between the two sides, asserting that the federal government will pay the province $ 500 million, as will transform the Government of the Territory of 150 thousand barrels of crude oil per day at the disposal of the federal government . ended