Thursday, November 13, 2014

Iraq: Baghdad, Erbil agree to resolve oil export issue

 Iraq’s federal government and the semiautonomous Kurdish Regional Government have agreed to resolve all outstanding issues between them, including the crucial issue of oil exports, it was announced Thursday.

According to a statement published on the Kurdish Regional Government’s Arabic website, Iraq’s Federal Oil Minister Adel Abdul Mahdi met with Prime Minister of the Kurdish Regional Government Nechirvan Barzani and Deputy Prime Minister Qubad Talabani in Erbil.


The two sides reached an agreement to resolve all outstanding issues after a fruitful discussion, the statement said.

According to the statement, three major breakthroughs were made in the meeting, which it hoped would eventually resolve all outstanding issues between the parties in the future.

The first breakthrough is Iraqi federal government’s agreement to transfer $500 million to the cash-strapped Kurdish Regional Government.

The regional government reportedly didn’t even have money to pay the salaries of its own government employees, many of whom haven’t been paid for months.

In return, the Kurdish Regional Government has agreed to put 150,000 barrels of crude oil per day at the disposal of Iraq’s federal government, the statement said........................http://www.aa.com.tr/en/news/420378--iraq-baghdad-erbil-agree-to-resolve-oil-export-issue

13/11/14
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2 comments :

  1. The agreement between Iraq and the autonomous region of Kurdistan on oil exports and budget payments was welcomed by UN Secretary General Ban Ki-moon.

    UNITED NATIONS, November 14 (Sputnik) — UN Secretary General Ban Ki-moon welcomes the agreement on oil exports and budget payments which was reached between Iraq and the autonomous region of Kurdistan.

    “The Secretary-General welcomes the agreement reached between the Government of Iraq and the Kurdistan Regional Government aimed at finding a solution to the issues related to the general budget and oil exports,” said a statement published on the UN’s official website on Wednesday.

    Ban Ki-moon “congratulates Iraq's Prime Minister Haider al-Abadi and Kurdistan Regional Government's Prime Minister Nechervan Barzani for the willingness to negotiate and conclude agreements that are in the interest of the Iraqi people,” the statement said.....................http://sputniknews.com/middleeast/20141114/1014715123.html
    13/11/14

    ReplyDelete
  2. Statement by High Representative/ Vice President Federica Mogherini on conclusion of the agreement between the Iraqi federal government and the Government of the Kurdistan Region on transfer of revenues and oil ...

    STATEMENT:
    "The agreement reached yesterday between the federal government of Iraq and the government of the Kurdistan Region on the transfer of revenues and oil between Baghdad and Erbil is a crucial development which ended a long dispute between the two entities.

    All the parties involved have shown the leadership and willingness to compromise that was needed to resolve an issue of key importance at a critical time for the country. The agreement bodes well for further steps to promote dialogue and reconciliation within the framework of the constitution.

    The EU will continue to support Iraqi efforts to preserve the unity, sovereignty and integrity of the country, achieve peace and security through a lasting political settlement, and to make progress towards a better future for all Iraqis."

    ReplyDelete

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