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Western oil contracts in the Kurdistan region "illegal"

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Western oil contracts in the Kurdistan region "illegal"

Unread postby admin » Mon Oct 10, 2011 12:16 pm

Shahristani: Western oil contracts in the Kurdistan region "illegal"
10/10/2011 14:21

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Erbil, 10 October / October (Rn) - Hussain al-Shahristani, Iraqi Deputy Prime Minister for Energy, reiterated that the contracts of Western oil in the Kurdistan region "illegal", in a sign of failure of the Baghdad, Erbil, which agreement during talks held recently between the political delegation from the the region, officials in Baghdad. commented Iraqi Kurdistan oil exports in 2009 due to disputes over oil contracts, which Baghdad deems "false", and stresses the region that contracts are consistent with applicable laws. and resumed the region export oil in February, which boosted exports from Iraq overall, with an export crude oil from the Kurdistan region are currently about 100 thousand barrels per day on average. and deepen the differences on this file between Baghdad and Arbil last month after the rejection of the Kurdistan Region draft oil and gas law by the federal government, said that the draft focuses powers, however, the center at the expense of the region and the provinces. and sent the region and political delegation to Baghdad for talks on controversial subjects, but statements by al-Shahristani, pointing to the failure of the two sides reached agreement on a oil. Shahristani said the contracts of Western oil in the Kurdistan region "illegal", in a sign of non-arrival of Baghdad and Erbil to agreement on the despite the visit of a delegation must be changed. Shahristani said at a conference in Norway on Monday that Western oil companies in Kurdistan are still prohibited from working in the rest of Iraq, as reported, "Reuters." He said that Iraq had no intention so far to reduce the level of production target for 2017 of 12 million barrels a day. These differences affect the vital oil sector in Iraq, to which imports about 95 per cent of the budget of the country's finances. Iraq is a member of OPEC and has the fourth reserves in the world, and signed package deals with major oil companies to increase production capacity to 12 million barrels per day by 2017. Open: Abdullah Sabri

http://www.aknews.com/ar/aknews/2/266235/
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