What are the reasons for delaying the resumption of Kurdistan oil exports so far?
What are the reasons for delaying the resumption of Kurdistan oil exports so far?
12-28-2023
Information/Exclusive..
Former member of the House of Representatives, Ghaleb Muhammad, revealed on Thursday the reasons that stand in the way of resuming exports from the Kurdistan region, while stressing that the problem lies in the contracts concluded by Kurdistan with the companies responsible for the operations of extracting and exporting oil.
In an interview with the Maalouma Agency, Muhammad said, “The contracts included a full partnership with the Kurdistan government to extract and export oil,” noting that “the contracts were recorded at very high amounts that the central government cannot pay.”
He continued, “Finding appropriate solutions for these contracts lies in adding new articles to the general budget law for the year 2024,” pointing out that “the central government has the right to take the necessary measures and decisions to resume oil exports.”
He added, “Turkey was the largest beneficiary of exporting oil directly from the region through its own companies,” adding that “the problem lies in the contracts that Kurdistan concluded with the companies responsible for the operations of extracting and exporting oil.”
A member of the House of Representatives, Thaer Makhif, had, in an interview with the Maalouma Agency, attributed the disruption of the resumption of the Kurdistan region’s oil exports to his government’s persistence in the law and the constitution, while he stressed that the procedures and decisions issued by the central government will bind the region to all laws.
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