 https://www.basnews.com/en/babat/873225 ERBIL - The Iraqi federal government on Thursday reiterated its commitment to transparency and adherence to the constitution in resolving disputes over federal budget amendments, following criticism from the Kurdistan Regional Government (KRG). Basim Alawadi, the spokesperson for the Iraqi government, emphasized the importance of adhering to agreed procedures within the framework of the federal budget law. "We reaffirm our commitment to the amendments submitted to parliament, which align with national interests and constitutional provisions," Alawadi stated. The remarks came after the KRG expressed dissatisfaction with a federal government proposal related to oil revenue management and budgetary adjustments, calling it unilateral and contrary to prior agreements. Alawadi rejected the KRG's claims, stating, "The federal government remains committed to the approved mechanisms and calls on the KRG to adhere to its obligations under the federal budget law, which mandates the submission of all revenues, including oil, to the federal treasury." He added that ensuring compliance with these procedures is vital for resolving disputes and fostering cooperation between Baghdad and Erbil. Alawadi urged parliament to expedite the approval of the budget amendments for the benefit of all Iraqis. The disagreement centers on Article 140 of the constitution and oil revenue-sharing mechanisms. The Iraqi government recently signed agreements impacting oil fields in disputed territories without KRG consultation, a move Erbil deems unconstitutional. The dispute underscores ongoing tensions between Baghdad and Erbil over resource management and revenue-sharing, issues that have persisted despite attempts to foster dialogue and collaboration. |
CEO stay bonus will need an RNS shortly?..Around 600,000 shares.. |
Still no wiser? |
Clear as mud |
CEO stay bonus will need an RNS shortly.....Around 600,000 shares.. |
Hopefully something more understandable will follow! |
You and me both mate? |
I'm struggling to make sense of what he's saying here. But sounds like they are standing by the amendment to the amendment? But that they won't amend the amendment to the amendment |
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. |
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