Shahristani denied: not acknowledged the legitimacy of the Kurdistan oil contracts

Shahristani denied: not acknowledged the legitimacy of the Kurdistan oil contracts.

Posted 17/12/2013 12:55 PM

Shahristani denies acknowledged the legitimacy of the Kurdistan oil contractsBabinaoz / Agencies: denied Deputy Prime Minister for Energy Hussain al-Shahristani, on Tuesday, a news story reported by a Turkish newspaper indicated that the latter acknowledged the legitimacy of the oil contracts signed between the Kurdistan Region and foreign companies.

The Energy Department said Turkey, on Tuesday, agreed on the conditions set by the Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani to allow Arbil to export its oil through the pipeline, which duration across Turkish territory.

Shahristani’s office said the media that “the Turkish newspaper Hurriyet has not been any meeting with al-Shahristani never a topic that was published is not true and untrue.”

He said the Information Office, “Iraqi government’s position is consistent and clear in this matter that the oil contracts concluded by the province with foreign companies are illegal and came other than the Constitution, and that the process to conclude contracts with the oil companies should be made through the central government represented by the Ministry of Oil.”

He continued, “We regret the statements of some MPs who cast their statements on the basis of incorrect news, and it was better for them to contact the Office of the Deputy Prime Minister for Energy Affairs to know the truth of the statement published in the Turkish newspaper”. The al-Shahristani has suggested that placed the revenue from the export of oil region to world markets through the pipeline in the new Turkish Development Bank in New York, then Iraq would not object to Baghdad this process.

The proposals included Shahristani three points as conditions to allow Arbil to export its oil through Turkish pipeline which must be exported quantities of oil and the limited information that is sold at the prevailing global and revenues are deposited in the Development Fund for Iraq in New York.

babnews.com