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View Full Version : Iraq Kurd leader to discuss oil deals with Baghdad



Lofson
12-09-2007, 03:50 AM
As several people have pointed out in another thread, the GOI seem to get a lot done during their "vacations". Let's hope this "vacation" will prove the same.

BAGHDAD, Nov 9 (Reuters) - The prime minister of Iraq's Kurdistan region will hold talks with top government officials in Baghdad this week over a stalled draft oil law and disputed oil contracts signed by his administration, an official said. Nechirvan Barzani of the Kurdistan Regional Government (KRG) would meet with Prime Minister Nuri al-Maliki and other officials, the national government's spokesman, Ali al-Dabbagh said late on Saturday.

The regional government has signed a series of petroleum deals with foreign oil firms this year, angering the central government. Iraq's Oil Minister Hussain al-Shahristani has declared the contracts illegal.

"On Monday, Nechirvan Barzani is coming to Baghdad to meet with Maliki and other Iraqi officials to discuss the budget and the money for the regions," Dabbagh said.

"He will also discuss the oil law and the oil contracts that Kurdistan has signed."

The KRG has said its actions signing oil deals were constitutional, arguing it has the right to attract foreign firms to develop oil and gas resources in its northern region.

The draft national oil law, which aims to share Iraq's vast oil wealth among its different ethnic and sectarian groups, has been stalled because of disputes with the KRG and other political factions.

Last week Shahristani said "irreconcilable" differences meant the law would not be passed any time soon.

Frustrated by the delays in approving the national law, Kurdistan passed its own in August. Baghdad rejects that law.

The national oil law is one of a number of political benchmarks identified by Washington as vital for reconciliation between majority Shi'ites and minority Sunni Arabs in Iraq. (Writing by Dean Yates; Editing by Matthew Tostevin)

http://uk.reuters.com/article/oilRpt/idUKL0922391720071209

Sponson
12-09-2007, 03:54 AM
I wonder if the'll be discussing the budget in terms of what the exchange rate will be? Good to see them getting together.

jcav
12-09-2007, 06:15 AM
Yea, the only thing they know how to do, and do it well, is discuss things. The country needs to be taken over and they can go and discuss that while in exile.

BILLYG
12-09-2007, 06:30 AM
Good post Leslie. Let's hope that the August "do nothing" recess repeats itself in December... Could make for a very happy new year!!!

jcav
12-09-2007, 06:47 AM
Good post Leslie. Let's hope that the August "do nothing" recess repeats itself in December... Could make for a very happy new year!!!

Don't hold your breath.

buck74
12-09-2007, 11:26 AM
As long as they talk it is a good sign. The HCL has been painfully slow, and there may be to much distrust and dislike to get it done at this time. Seems more likely that they will operate under Saddam's old law. Ironic that the old dictators law may be the best way forward for Iraq at this point in time.

yunowu
12-09-2007, 11:57 AM
Don't hold your breath.

I agree !! They move at a snail's pace !!

Vol
12-09-2007, 04:17 PM
Who cares what law they use. Sign deals and get things moving!

The oil minister needs to be fired, yesterday. He hasn't cut any oil deals. He says he can do it under the old law. Why hasn't he? He is withholding export license for the oil found under the Kurds contracts. Knowing those contracts will pump tons of money into Iraq. It sure appears he thinks it isn't good for the people of Iraq to have too much too soon so he is slow walking the money to them. He needs to go.