Oil agreement between Baghdad and Erbil enter into force

Oil agreement between Baghdad and Erbil enter into force

02-01-2015 06:46 PM

Oil agreement between Baghdad and Erbil enter into forceEntered into the agreement signed between Baghdad and Erbil, for the export of oil and the federal budget into effect starting from yesterday. Under the agreement concluded by the Governments of the center and the region to export the last 250 thousand barrels of oil through the port of Ceyhan, in addition to 300 thousand barrels of oil from Kirkuk wells per day across the region’s oil pipeline to the Turkish port of Ceyhan, and this agreement became part of the federal budget for 2015.
According to reached by the two sides during the signing of the end of last year, the Convention entered into force starting from yesterday.
The MP for the Kurdistan Alliance, Najiba Najib, said: ‘agreement for a period of one year and will continue until the end of this year, if the two sides committed themselves to implement, but if does not comply One of the parties its terms, The party second has the right not to fulfill his commitment, for the federal government to fulfill its commitment to the region, according to the Convention and included sending the region’s share of the federal budget amounting to 17 per cent ‘, pointing out that’ Iraq is facing difficult circumstances in the impact of war against Daash and lower oil prices , he needs to increase its oil revenues, in addition to the current political process needs to come together and cohesion of the Iraqi components and also the political blocs’, indicating that the Convention will continue to the end of this year if the parties committed to the implementation of its provisions.
She Najib, that ‘the two sides had formed a joint committee to look into the issues Financial them, Baghdad has want to learn imports oil region and where to go and how they were spent, in turn demanding Irbil from Baghdad budget for the year last in 2014, and after that the Commission reach a solution to this issue is sent dues region. ”
It is noteworthy that the Kurdistan region of staff entered the new year without that received their last two months of last year, salaries, because the blockade imposed by the previous Maliki government to Erbil caused the financial crisis lasted one year, and the only crisis did not include staff, but covered all aspects of life, with a lot of service and urban and commercial projects stalled during the past 2014 Because of this siege.
by MP said the Kurdistan Alliance, Fa’iq Mustafa, in a press statement, seen by (newsletter), that: ‘Despite the agreement reached by the parties to a preliminary agreement, not radical, but they have an important effect of the economic and political terms for all Iraqis, This agreement makes open the door to dialogue between the two sides, to resolve disputes between them radically. ”
He pointed Mustafa that the region’s parliament is doing its best with the Government of the Territory in order to Kurdistan salaries that have not Atzlmoha last year’s exchange, during this month, and we are working in order not to repeat the entry salaries staff in the political conflicts between the blocks, and use them as leverage when they use whatever they want against the other.

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