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View Full Version : Source dismisses Iraqi statements over Kurdistan oil contracts



JWing
01-08-2011, 10:17 AM
Saturday, January 8th 2011 1:31 PM


Erbil, Jan.8 (AKnews)- A source from the Kurdistan Region’s Ministry of Natural Resources rejected the statements by both the Iraqi Oil Ministry’s spokesman and the deputy Iraqi finance minister over the Region’s oil contracts.

http://www.aknews.com/images/cms-image-000017697.jpgThe source, preferring anonymity, told AKnews Friday his ministry has “evidence” against the statements by the two sides, however, without alluding to any.

‘Asim Jihad, the spokesman for Iraqi oil ministry had said Jan.3 the dispute between the Kurdistan and Baghdad over Kurdistan oil contracts continues, describing the issue “the core of disagreements with the Iraqi capital.”

The spokesman also stated should the talks over the contracts hit a deadlock; Iraqi parliament will be authorized to settle the difference.

Kurdistan has entered contract with a number of foreign oil companies to drill and pump its oil. However, when the Iraqi government declined to allot the companies compensation, the Region suspended its oil drilling and import until the issue is resolved.

The deputy Iraqi finance minister, Fadhil Nabi’s statement over the contracts came in an interview with AKnews Jan.3. The Kurdish deputy by descent referred to an agreement between the Kurdistan Ministry of Natural Resources and the Iraqi Oil Ministry. Under the agreement, the Iraqi Audition Office is authorized to inspection of the Kurdistan oil contracts, so that the Iraqi Finance Ministry allots the share of the oil companies in the Region.

Nabi also accused the Kurdish ministry for “disallowing for its oil contracts’ inspection”.

The source said the issue has passed the “media propaganda” stage, stepping into a phase where the Kurdistan Regional Presidency and the Iraqi Council of Ministers are looking into it.

The source criticized the Iraqi officials for making “contradictory statements, which will only complicate the situation further.”

The Region officials maintain since the proceeds of Kurdistan oil import goes back to Baghdad; the Iraqi government has to reimburse the foreign oil firms in Kurdistan. Reports also suggest the Iraqi government have demanded Kurdistan to increase its oil production from 100,000 barrels per day (bpd) to 150,000 in order for the foreign oil companies to be paid by the Iraqi government.

Reported by Mohammed Abdul-Rahman

http://www.aknews.com/en/aknews/4/208692/