Erbil expects transfer payments from Baghdad for oil producers
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09/24/2012
Said Ashti Hawrami, oil minister of the Kurdistan Regional Government of Iraq Monday that the region is expected settlement payments an initial trillion dinars (858 million dollars) from the central government in Baghdad next week after the parties reached an agreement on the payment of dues oil producers.
told Hawrami reporters in a conference of energy in Istanbul that the region will resume exports in October by 200 thousand barrels per day after reaching an agreement earlier this month and will continue to export at this level until the end of 2012.
minister said Erbil expect to reach the level of exports target for 2015 of one million barrels per day until If there are disruptions, again, as quoted by the Reuters news agency.
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