Ministry of Finance: Transforming the provincial budget for the month of June next week but a few
Ministry of Finance: Transforming the provincial budget for the month of June next week but a few
18.7.2015 18:00
[Baghdad-where]
Undersecretary of the Ministry of Finance announced that it is scheduled to send sums Baghdad to sell oil sender by Sumo from the Kurdistan region to the outside for the past month.
Fadel prophet, Undersecretary of the Ministry of Finance in a press statement said on Saturday: “It is because of the Eid al-Fitr holiday, the Send amounts sale of oil sender by SOMO to outside the Kurdistan region, it will be next week.” He noted that “the announcement of the planned amount sent does not want to, but that a total of a few, and is due to send the Kurdistan region of small amounts of oil by SOMO to global markets last month. ” The Undersecretary of the Ministry of Finance Fadel Prophet has revealed last Tuesday for a new proposal to resolve the oil dispute between Baghdad and Erbil. “There is a proposal to sell Province oil independently, and participate in the sovereign budget for Iraq, “he said.” On the other hand calls for Baghdad, the Kurdistan Regional Government that the province pays part of Kirkuk budget because the latter sells maintain oil as well. ” The federal government and the Kurdistan Regional Government has concluded a 17 Canon The first 2014 oil agreement to export the region 250 000 barrels of production with 300 000 barrels of Kirkuk province fields in exchange for pay Baghdad Kurdistan’s share of the federal budget by 17%. faced agreement difficulties since then where accused Baghdad Erbil to transfer quantities of oil are lower than those He agreed, while Erbil said that Baghdad pay less than half of the amounts due, but did not announce any of the parties after the termination of the work agreement, and continued to blame each other for weeks. The navigation data, pointed out that “the region sold nine million barrels of oil in Eleven tanker from the Turkish port of Ceyhan since the beginning of last June, compared with five million barrels allocated for Sumo early in the month, then most of the shipments stopped after that. ” The first month of June witnessed a large independent sales since the agreement in December 2014 .anthy
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