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10-11-2011, 07:19 PM
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October 11, 2011 - 10:16 Total {visits: 226}
Shahristani: Iraq's Kurdistan oil contracts are illegal (http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://non14.net/30252.htm)
http://non14.net/filestorage/contentfiles/2011/10_11/111011101631_140_1.jpeg
Hussein al-Shahristani, Iraqi Deputy Prime Minister said that the oil contracts concluded by the Kurdistan Regional Government of Iraq with international companies, Western "illegal" and demanded re-written in accordance with Iraqi law.
And payments made by the Baghdad recently to international companies investing in the oil province of Kurdistan, said al-Shahristani, it does not mean a recognition of the legality of the contracts.
He explained that the payments that have been delivered to international companies is the value of capital invested in the actual drilling of wells and installations services that are the property of Iraq.
The al-Shahristani - an energy conference in Norway - that the contracts in its current form should be submitted to the government and reconcile with the other contracts in the state.
Since last August, a parliamentary committee to discuss the draft Iraqi national oil law approved by the Iraqi Council of Ministers, the project focuses on the control of oil fields in the hands of Baghdad.
While given the current contracts entered into by the KRG foreign companies a share of oil profits, Fadel al-Shahristani service contracts.
Among the foreign companies investing in Kurdistan, Iraq's Dyanao Norwegian exported reached 70 thousand barrels per day of Kurdistan since February, and received in return $60 million from the Government of Kurdistan last month, and $104 million last June.
And the target level for the production of Iraqi oil, Shahristani said the country had no plans so far to reduce the level of production target for 2017 of 12 million barrels per day.
However, the policy of production has declined by Iraq if he finds that interest so require, and that the global economic situation so requires.
Iraq currently produces about 2.7 million barrels of oil per day, and produces about 2.1 million of them, in the Kurdistan region issued 135 thousand barrels of oil a day, and seeks to raise the amount to two hundred thousand barrels in the last year,"
October 11, 2011 - 10:16 Total {visits: 226}
Shahristani: Iraq's Kurdistan oil contracts are illegal (http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://non14.net/30252.htm)
http://non14.net/filestorage/contentfiles/2011/10_11/111011101631_140_1.jpeg
Hussein al-Shahristani, Iraqi Deputy Prime Minister said that the oil contracts concluded by the Kurdistan Regional Government of Iraq with international companies, Western "illegal" and demanded re-written in accordance with Iraqi law.
And payments made by the Baghdad recently to international companies investing in the oil province of Kurdistan, said al-Shahristani, it does not mean a recognition of the legality of the contracts.
He explained that the payments that have been delivered to international companies is the value of capital invested in the actual drilling of wells and installations services that are the property of Iraq.
The al-Shahristani - an energy conference in Norway - that the contracts in its current form should be submitted to the government and reconcile with the other contracts in the state.
Since last August, a parliamentary committee to discuss the draft Iraqi national oil law approved by the Iraqi Council of Ministers, the project focuses on the control of oil fields in the hands of Baghdad.
While given the current contracts entered into by the KRG foreign companies a share of oil profits, Fadel al-Shahristani service contracts.
Among the foreign companies investing in Kurdistan, Iraq's Dyanao Norwegian exported reached 70 thousand barrels per day of Kurdistan since February, and received in return $60 million from the Government of Kurdistan last month, and $104 million last June.
And the target level for the production of Iraqi oil, Shahristani said the country had no plans so far to reduce the level of production target for 2017 of 12 million barrels per day.
However, the policy of production has declined by Iraq if he finds that interest so require, and that the global economic situation so requires.
Iraq currently produces about 2.7 million barrels of oil per day, and produces about 2.1 million of them, in the Kurdistan region issued 135 thousand barrels of oil a day, and seeks to raise the amount to two hundred thousand barrels in the last year,"