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Oil parliamentary confirm that the Kurdistan Regional Government will increase its production to 100 thousand b / d

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Oil parliamentary confirm that the Kurdistan Regional Government will increase its production to 100 thousand b / d

30/03/2012 17:41

Baghdad, March 30 / March (Rn) - The Commission on oil and energy that the Iraqi government's decision last payment of dues to foreign companies operating in the Kurdistan region has provided an important incentive to promote the production of the province. and approved by the Iraqi government, last Wednesday, to pay 650 billion dinars as receivables for oil companies operating in the the Kurdistan region, while the Ministry of Finance announced the allocation of more than two billion dollars within the budget year 2012, for the payment of all oil companies operating in Iraq.

said Iraqi Finance Minister Rafie al-Issawi in a press conference on the sidelines of Baghdad, said "the Iraqi government has allocated 650 billion dinars within the budget year 2012, for the payment of oil companies operating in the Kurdistan region, "stressing that" the disbursement will be after the audit. "

said committee member Furat al-Shara told the Kurdish news agency (Rn) that "the decision to push the Iraqi government for the benefit of foreign companies operating in the region, the Kurdistan Regional Government $ 650 billion dinars comes according to an agreement to increase production from the region to 100 thousand b / d. " and added that the "government of Erbil will urge the oil companies working on raising the level of output image, which agreed with the Iraqi government after the end action to pay companies."

and explained that "the the Commission on oil and energy parliamentary working to end the differences between Arbil and Baghdad, the image legal to regulate the export of oil imports in the next phase, which seeks the Iraq to export 3 million b / d. " and threatened the Kurdistan Regional Government Federal Government on 26 of this March, to halt oil exports if paid Baghdad dues production companies. and decided to Ministry of Natural Resources to reduce exports to 50 thousand barrels a day ", warning that it" has stopped completely within a month in the absence of payments. "

The Iraqi Oil Ministry has warned, in 13 this March, substantial losses in the public treasury of the state because reducing the Kurdistan region of its oil exports, but pointed out that the Government of the Territory is currently exporting 65 thousand barrels per day, asking them to fulfill their commitments they made ​​on the export of 175 thousand barrels per day and that is developed on the basis of the general budget of the country in 2012. and agreed the federal government in Baghdad with the territorial Government to inform its exports of oil per year, 175 thousand barrels, which were calculated on the basis of the budget 2012, which I share the Kurds as this year to about 11 percent after that she was about 17% due to higher expenses sovereign and defense in the budget. was Kurdistan Regional Government of Iraq had started mid-2009 to pump oil to the tube of strategic connecting to the Turkish port of Ceyhan by about 100 thousand barrels per day, and then raise the amount to 175 thousand barrels per day in mid-2011.

and is the subject of oil and revenue-sharing of the leading files of contention between Baghdad and region are added to the issue of the disputed areas and annexed to the Kurdistan region. The Deputy Prime Minister for Energy, Hussain al-Shahristani, on 9 September 2011, a decline in crude oil exported from the Kurdistan region of 150 thousand barrels to 50 thousand through the tube the Iraq-Turkey, with the student to be contracts in the Kurdistan transparent and not "behind closed doors", he stressed that those contracts not been submitted to the central government. announced that the Iraqi Oil Ministry on 18 January 2012 a plan to increase oil production during the current year to three million and 400 thousand barrels per day and to increase exports oil to 2.0006 million barrels a day. "

It is noteworthy that Iraq exported crude oil from the ports of Basra and Khor al-Amaya in the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, to be exported by truck by truck to Jordan, and the proportion of exports from the Basra oil 90%, while the remaining issue of Kirkuk, Iraq currently produces about three million barrels of crude oil per day, and emits approximately 2.0002 million barrels a day. From: Jafar Allonan, the Open: Peace Baghdadi

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