Oil Ministry are given: Kurdistan region Sumo him only 60% of agreed quantity 8/25
Oil Ministry are given: the Kurdistan region Sumo him only 60% of the agreed quantity
8/25/2015 0 Comments
BAGHDAD / JD / .. and the Federal Oil Ministry responded to the announcement by the Kurdistan Regional Government that it received a one-third share of Baghdad during the first five months in 2015, saying that if the Region ladder Sherko Sumo only 60% of the agreed quantity. The ministry said in an explanatory statement received / JD / copy of it: that the Ministry of Natural Resources in the Kurdistan region in its report that the provincial government received a one-third share of Baghdad during the first five months in 2015, "did not say that the budget law adopted in the calculation of federal revenues on a price for the sale of oil rate is $ 56 a barrel and on a daily exports to Iraq is 3.3 million barrels of which the province's commitment to deliver Sumo "B550 thousand barrels per day, including 250 000 barrels / day of product quantities of crude oil in the Kurdistan region and 300 000 barrels of product quantities of crude oil through Mhakza Kirkuk and that all revenue actually revenue of final public treasury of the state to account.
"She explained that what he had handed over the province since the beginning of the year until the day 05.31.2015 about 328 000 barrels / day with an average of nearly 60%, while up to 08.23.2015 amounted to about 241 000 barrels / day a rate of approximately 44% of the amount supposed to deliver the federal government according to the budget law ..
and noted that article 11 / III of the budget law states, "If you do not fulfill any party (the federal government, the Kurdistan Regional Government) Petroleum obligations or financial agreed in this balancing the other party is not obliged to fulfilling also obligations, oil was or financial "..
She said the report of the Ministry of the province did not mention that the budget law (Article 10) distracted the 17% allocated to the province under the actual expenditures and not planned .. so when he speaks ministry esteemed report a billion dollars should have been received by the province from the federal government a month, it refers to the expenses of the planned and not the actual, and everyone knows that the actual expenses declined due to lower quantities exported and the prices of oil, is no longer billion dollars a month as the report .. says Article 10 / Fourth: "When an increase or decrease in the total federal budget added or expenses reduce the share of the Kurdistan region proportionally,
"said the Federal Ministry of Oil emphasize the constitutional and legal reservation on a series of topics, the report reminds her like a final Bdihat related to exports and investment fields of Kirkuk and the debt of the sovereign character of the entry money oil exports in banks foreign and not in the federal government accounts at the Federal Reserve Bank of New York, For these things legal and financial inside Iraq and internationally consequences.
It noted that the Federal Government and the provincial entitlements and obligations of mutual Therefore urged the Article 11 / I / B of the budget law that "made the settlement of dues between the province and the government Federal for the years 2004 to 2014 and subsequent years have yet audited by the Federal Office of Financial Supervision and the agreement with the Office of Financial Supervision of the province. " / End / 22 /