Report: arrival of the Kurdistan region's oil sales to the billions of dollars 12/2
Report: the arrival of the Kurdistan region's oil sales to the billions of dollars
12/2/2015 0 Comments
Kurdish authorities have announced, for its production has reached 3.29 billion dollars of direct oil exports, since last June. She said the network "CNN", the province of Kurdish autonomy declared, that it "produced to approximately $ 3.29 billion of oil profits since last June for direct sales of oil exports, while you see the federal government in Baghdad it illegal sales." She said the network, "Baghdad, which in turn announced a rise in export sales, insisted that oil sales pass through the totality of the federal government, while independent Krdstanamlha Regional Government to justify the federal government's lack of federal funding. She continued, "The two governments are facing financial crises dating back to the drop in oil prices and the costly war against al Daash which seized control of large parts of Iraq since 2014".
He pointed out that "the Kurdistan Regional Government states in its report that the average rate of $ 682 million a month in revenue from direct sales since the month of June through mid-November, higher than the 347 received Mliondolar rate of Baghdad since the past few months."
She noted that "the report of the Federal Ministry of oil exported 3.36 million barrels of oil rate per day during November, which were not completed in decades, and the rise in exports was due partly caused by the lack of export oil reserves in October due to bad weather in the southern part of Basra province and drop in the price of each barrel of oil to $ 36. "
According to its report, he "arrived in the Kurdistan region and Baghdad to an agreement on oil export income at the end of 2014, where the region's export of 250 000 barrels of oil per day and 300 thousand barrels per day from the province of Kirkuk, the disputed and try to exchange, the federal government liberalized the Kurdistan region of its stake in the national budget. "
And concluded its report that "little of the Kurdistan region that exports in the beginning was less than expected and after that exceeded the required level, where official in the oil ministry said it was not the case expected and began zone exports in June, because of the shortage caused by sending the federal government less than 40% of Budget maturity, but the oil ministry official declared that the practice began long before that. "