https://x.com/IraqiPMO/status/1882502454664978500 link |
 Based on the government's keenness on transparency and disclosure to citizens of the progress of its executive work, especially with regard to the budget issue, which is a fundamental pillar for implementing the commitments contained in the government program, we affirm the government's commitment to the amendments sent to the House of Representatives regarding the budget law, which takes into account the supreme national interest, and we stress that the government's representative in the House of Representatives stressed the need not to make any other amendments to the budget law that contradict the texts submitted by the Council of Ministers.At the same time, we deny what was stated in the statement of the spokesman for the Kurdistan Regional Government of Iraq, and we are surprised by the claim that the representative of the federal government in the House of Representatives obstructed the amendment of the article on the procedures for resuming oil exports from the region.We also stress the importance of the Kurdistan Regional Government's commitment to the provisions of the Federal General Budget Law, including the delivery of financial revenues, whether oil or non-oil, to the federal government, in accordance with what is stipulated in the law and the decision of the Federal Court.Adherence to these procedures is a necessary step to resolve the issues related to this file and enhance cooperation between the two sides. The Federal Government hopes that the esteemed House of Representatives will expedite the approval of the amendment in accordance with the text approved by the Council of Ministers, for the benefit of Iraq, all of Iraq.In the name of Al-AwadyGovernment Spokesperson |
It's all noise the company is sold |
Agadoo-doo-doo, push pineapple, shake the treeAgadoo-doo-doo, push pineapple, grind your feetTo the left, to the right, jump up and down and to the kneesCome and dance every night, sing with a hula melody |
"You and many others have said many times that Erbil will never hand over their oil but they have agreed to do so!!!"
You just don't understand do you Sarah, what we said was that the Kurds would never hand over control of their oil sector which is not the same thing.
What the Kurds agreed was to send SOMO 400k bpd or 12 million a month which SOMO would sell.
In return Baghdad would send the Kurds their share of the budget which is $1.875 billion a month.
$1.875 billion for 12 million barrels works out at $156 per barrel.
So the Kurds haven't "handed over" that oil but have in effect sold it for $156 a barrel.
Would you not have accepted that deal Sarah. |
What a mess… string it out until September whilst preparing to secede. |
Spin away Queen lemming sarah, invent some more excuses, post up more BS, paint a glowing picture of the dire situation for your desperate and clueless acolytes. You know you seek their tick ups!! You and many others have said many times that Erbil will never hand over their oil but they have agreed to do so!!! Many months ago I said its different this time and that Baghdad meant business. Unlike you I had no reason or need to invent that opinion!! Erbil have already had to accept some conditions and with Baghdad continuing to turn the screw there will be more until Baghdad are content with the outcome. |
Because its a federal system and the KRG maintain that they have the right to manage their own natural resources. Ceding all revenue to Baghdad would reduce or remove their autonomy as a semi independent region within Iraq. Essentially making the KRG beholden to Baghdad and therefore irrelevant. It's complicated by the lack of a unifying oil and gas law. So they are all relying on legal frameworks from the early 2000s. I suspect there is also a not insubstantial level of corruption for those in charge of regional oil control, that Baghdad are trying to stop. Or perhaps want to have access to rather than those in the KRG. The guys in charge are worth hundreds of millions, if not billions of dollars. |
Both the KRG and the IOCs have always said they're happy for SOMO to market the oil.
But the amendment to the amendment that Sudani introduced before Tuesday's vote insisting that Baghdad have control over the Kurdish oil & gas sector moved the goalposts so far that it completely overroad the Kurds constitutional rights to manage their own resources.
That was never going to be acceptable and Sudani knew that.
But it's simply the case that the Kurds don't need to accept any of Baghdad's nonsense, all they need do is sit and wait, and watch while the Arabs in Baghdad disappear down their own shirtsleeves. |
Because they have the resources to pump 1 million a day when Shaikan and Atrush fully developed.... Plus the gas.... Plus the condensate |
But why won't KRG allow all their oil and gas be handled by SOMO, and why only 500,000 bopd. What is their hidden agenda. KRG is the one now being difficult |
The gloves are off https://x.com/zoomnewskrd/status/1882479168648261939?s=46 |
Tank fly boss walk jam nitty-grittyYou're listening to the boy from the big bad cityThis is jam hotThis is jam hot |
Why would BP bother with Kirkuk when Shaikan has just had its surface scratched, the yanks have it imo. |
"Everyone ought to realise by now that Baghdad intend to get their own way, control all and to use Simon Watkins words, "subsume Kurdistan into Iraq"."
God you're slow.
Baghdad have aspired to get their own way, control all and subsume Kurdistan into Iraq since the fall of the Ottoman Empire more than a hundred years ago Sarah, they've tried every trick in the book including bombing them gassing them invading them strangling them financially and they're no closer now than they were a hundred years ago.
And the Constitution, the highest law in the land which the Iraqi Government signed up to, doesn't allow it.
The Kurds are in the strongest position they've ever been in and could bring down the whole political process should it come to that.
And they control the flow of oil from northern Iraq.
In only 8 months Baghdad will no longer have the ability to prevent their oil exports, hence this statement the day after Barzani returned from meetings with Erdogan and Hakan Fidan in Ankara..
2 weeks ago - "KRG Spokesperson Peshawa Hawramani said that as the country enters a new fiscal year, Erbil is insistent that the current situation cannot go on. The Kurdistan Region will have to make decisions that may affect the political stability of Iraq, we will not accept it and this Rejection will not be just words. If they continue to violate the Kurdistan Region, the Kurdistan Region will have to decide, withdrawal from the Iraqi political process is certainly a possibility."
So try to keep up and stop posting drivel. |
ERBIL (Kurdistan24) Kurdistan Region Prime Minister Masrour Barzani has expressed his surprise over unexpected changes made to an approved plan for oil production costs and the Iraqi parliament's failure to vote on it this week. The delay could pose a new challenge to restarting Kurdistan Region oil exports that have been suspended for nearly two years, according to a news report from Bloomberg News.In November, Iraq's cabinet approved a plan to allocate $16 per barrel for oil production and transportation from the Kurdistan Region. The Iraqi parliament, after two readings, was scheduled to vote on the budget on Tuesday; however, the vote was deferred following last-minute changes to the agreed-upon draft."We were all expecting the parliament to vote on a draft that was agreed to by all of us the federal government, the Kurdistan Region, and the international oil companies," the premier said in an interview during the World Economic Forum in Davos. "I was very surprised that there is an alternative draft without consulting with us."The parliamentary developments underscore ongoing disputes over oil production costs, which have stalled the full resumption of oil exports via a key pipeline that transports around 500,000 barrels per day from the Kurdistan Region to Turkey's Mediterranean port of Ceyhan.The pipeline has been inactive since March 2023, when Turkey halted operations following an arbitration court ruling that ordered Ankara to pay Iraq $1.5 billion in damages. Turkey initially cited the need for repairs after two major earthquakes in February 2023 as the reason for the shutdown but later stated the pipeline was ready for operation, leaving the decision to resume flows in Iraq's hands. |
Everyone ought to realise by now that Baghdad intend to get their own way, control all and to use Simon Watkins words, "subsume Kurdistan into Iraq".
After the Court of Appeal's decision it was only a matter of time before Baghdad acted and made their next move. I did tell you ages ago Baghdad meant business this time.
Could Trump come to the Kurds aid and alter the situation? |
Statement on the amendment to the federal budget to resume oil exportsAfter extensive meetings and efforts to amend the federal budget law in the Council of Representatives to resume oil exports from the Kurdistan Region, and despite the first and second readings, unfortunately a vote failed to take place at the final moment yesterday.We were surprised to learn that a proposal by the representative of the federal government in the Council of Representatives was submitted unilaterally, without the input of the Kurdistan Regional Government or approval by the federal Council of Ministers. This proposal contradicts the previous decision of the federal Council of Ministers regarding the amendment of the budget law to restart oil exports from the Kurdistan Region.These efforts harm Iraq as a whole, deepen existing problems, and do not serve the interests of resolving disputes. Moreover, these recent efforts and the proposal violate the Constitution, and we reject them outright.The proposal that we agreed to must be put to the vote.Peshawa Hawramani Spokesman of the Kurdistan Regional Government |
Sheikhan - Per barrel: $29.74."
That's $514k to GKP and $714k per day to the KRG at 48kbpd and the rest to MOL. |
"Significant volumes of KRG crude oil are currently being traded on the domestic market in Erbil.
KRG Oil Market Prices as of Today:-
Sheikhan - Per barrel: $29.74." |
Bigdog - "Looks like he's realised who is in control. Erbil not in a good place for negotiating now."
"In practice, I don't think we have the ability to prevent this," Barzani said, and called the deal "unconstitutional."
But if you cut us in on the deal we might let you export it. |
It's not going to happen. Every man and his Dog knows what's under shaikan. And that's why we are at this impasse today |
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