 https://peregraf.com/en/news/8357 The Iraqi parliament has approved an amendment to the budget law today, paving the way for the resumption of oil exports from the Kurdistan Region of Iraq."The proposal was approved by the Iraqi parliament as it was sent by the Iraqi government, meaning that the cost of production and transportation of oil will be allocated at $16 per barrel by the Iraqi Ministry of Finance," Kurdish MP Dilan Ghafoor told Peregraf.The Kurdistan Regional Government (KRG) and oil companies have expressed satisfaction with the allocated amount. The increase in production and transportation costs is expected to facilitate the resumption of oil exports to international markets.The $16 per barrel allocation will remain in place until a specialist company-appointed within 60 days by agreement between the KRG and Iraqi Federal Government -conducts a fair assessment of the actual production and transportation costs in the Kurdistan Region's oil fields.According to the amendment, the oil will be handed over to the Iraqi State Organization for Marketing of Oil (SOMO), with all revenue returning to the Iraqi treasury.Oil exports from the Kurdistan Region and Kirkuk to world markets have been suspended since March 25, 2023, following a decision by the International Court of Arbitration in Paris in response to a complaint filed by Iraq against Türkiye. |
Well anyone with Barclays such as myself might find it impossible to buy tomorrow. Unless they sort out their computer glitch ! |
Great stuff Habshan.
Here we go guys.
Kylie and all that.
Gla |
Well done to all those persevered through the shenanigans. Predictions for tomorrow? |
Now, someone buy us out |
Let's see if BP sign up this week. |
Great news! Phew!Hopefully APIKUR will now issue a statement. |
Congratulations everyone it's been emotional! |
Well done all.We deserve what's coming our way. |
£2+ tomorrow, roll on |
Damn. Well, you've definitely earned a celebration! |
I'm under water and emotionally locked in but I have taken about 20k in dividends! |
Great news indeed. |
Rupert will be pleased 🤩 |
Good grief, don't whether to laugh or cry. 17 years of my life in this share |
There we go, now that wasn't difficult was it.
#BREAKING: The Iraqi Parliament has approved amendments to the 2025 budget law, enabling the resumption of oil exports from the Kurdistan Region through Iraq's State Oil Marketing Organization (SOMO).
Another duck lined up, should be a good day tomorrow. |
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Kurdistan 24 English
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#BREAKING The Iraqi Parliament has passed a significant amendment to the federal budget law, including provisions for the resumption of Kurdistan Region's oil exports, according to Kurdistan24 correspondent Dilan Barzan.
More details to follow |
Zoom News
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#BREAKING: The Iraqi Parliament has approved amendments to the 2025 budget law, enabling the resumption of oil exports from the Kurdistan Region through Iraq's State Oil Marketing Organization (SOMO) |
The New Region
@thenewregion
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JUST IN: Iraqi lawmakers on Sunday voted to amend the federal budget law, a major move paving the way for the resumption of Kurdistan Region’s oil exports to the international market after nearly two years of halt |
hxxps://www.rudaw.net/english/middleeast/iraq/300120251 |
BasNews Breaking - Iraqi Parliament Begins Voting on Proposed Amendments to Federal Budget Law. |
guy: they have to to turn up...
You have to have a minimum that votes... |
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