View Full Version : Iraq says it obscures payments for Kurdish oil exports

12-22-2012, 05:23 AM
Saturday, December 22, 2012 00:00
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Spokesman said Hussein al-Shahristani, Iraqi Deputy Prime Minister for Energy, said Friday that Iraq will not be paid for the oil companies operating in Kurdistan because this semi-autonomous region does not have to export the amount pledged by crude. This statement was an escalation of a dispute between Baghdad and Kurdistan, which differ for a long time on the ground and oil rights. The tensions seem to have receded in September when struck Kurdistan and Baghdad signed an agreement whereby in Kurdistan would continue to pump their share of national oil exports in exchange for payments from the central government. And identified export quota by 200 thousand barrels per day. In the wake of that agreement Baghdad has an initial transfer of $ 650 million to the Kurdistan Regional Government, but subsequent payments come due now and is not converted and landed Kurdish crude exports this week to about 5,000 barrels per day. The spokesman said Faisal Abdullah told Reuters by telephone "The Iraqi side gave them a sum (initially), but they did not supply (the agreed quantity) 200 thousand b - d." And he said, "The government has fulfilled its obligations under the agreement, the Kurdistan but violated its obligations." In recent weeks, Hot oil exports from Kurdistan from a peak of about 200 thousand b - d. It was not clear why but the semi-autonomous region had stopped by exports in protest of Baghdad withheld payments due.
Baghdad rejects the agreements signed between Kurdistan and the oil companies and major corporations Exxon Mobil, Chevron and Total as illegal and put in the black list of some companies that ventured into Kurdistan. Kurdistan says right in the awarding of contracts to foreign oil companies guaranteed by the Iraqi constitution, which develop after the U.S. invasion in 2003.