baghdad to bypass iraqi kurdistan with oil exports
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

After a suspension of nearly three years

Baghdad to bypass Iraqi Kurdistan with oil exports

Egypt Today, egypt today

Egypt Today, egypt today Baghdad to bypass Iraqi Kurdistan with oil exports

Baghdad on Tuesday began rehabilitating
Baghdad - Arab News

Baghdad on Tuesday began rehabilitating the oil pipeline to Turkey’s Ceyhan port that bypasses Iraqi Kurdistan, after a suspension of nearly three years, the Iraqi oil minister and lawmakers said.
The 970-km-long pipeline, which extends from the northern city of Kirkuk to Ceyhan, is Iraq’s second-largest, crossing Salahuddin and Mosul provinces.
Exports through the pipeline were suspended in June 2014 when Daesh overran the two provinces.
Resuming oil exports while bypassing Iraqi Kurdistan is the latest in a series of economic sanctions by Baghdad against the Kurdistan Regional Government (KRG), which held a referendum on independence last month.
“After the liberation of Nineveh, Salahuddin and Hawija” from Daesh, “a major campaign to repair the pipeline has been launched by the Oil Ministry to resume exports,” ministry spokesman Assam Jihad told Arab News.
Iraq used to export between 250,000 and 400,000 barrels per day through the pipeline, mainly from Kirkuk’s oilfields.
Following Daesh’s advances, a replacement pipeline was built to link Kirkuk’s oilfields to Ceyhan via Iraqi Kurdistan.
“The rehabilitation of the (original) pipeline is a priority for the Oil Ministry to resume exports and boost income for the federal Iraqi budget,” Jihad said.
A deal between Baghdad and the KRG to export 550,000 barrels per day via the replacement pipeline was approved by the federal Parliament in December 2014 — 400,000 barrels from Kirkuk and the rest from oilfields in Kurdistan.
In return, the KRG was supposed to hand the revenues to the state oil company for the federal budget. But Baghdad has not received any revenues.
“The Kurds totally took control over both the export process and getting back the revenues,” a senior federal oil official told Arab News on condition of anonymity.
“We have no idea how much they’re exporting. For the last three years, they kept refusing to give us any information about exports, and to hand over the revenues.”
The federal parliamentary oil and gas committee is backing Baghdad. “Controlling oil and gas resources are exclusive responsibilities of the federal government, and exports by any other side are legally recognized as smuggling,” committee member Awad Al-Awadi told Arab News.
“The federal government has to gain back control over oil exports as they belong to all Iraqis. No one has the right to control them but the federal government.” The pipeline will be repaired in no more than three months, Al-Awadi said.
Baghdad says revenues from oil exported by the KRG goes directly to bank accounts in a neighboring country that are registered in the names of Kurdish leaders.
Meanwhile, Prime Minister Haider Al-Abadi said in his weekly press conference that Iraqi oil is for all Iraqis and not for a limited number of (Kurdish) officials who put the money (revenues) in their bank accounts.”
He added: “This money has to go to the people… we allocate money from (the oil revenues) to pay the employees in Kurdistan

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

baghdad to bypass iraqi kurdistan with oil exports baghdad to bypass iraqi kurdistan with oil exports



GMT 21:06 2017 Monday ,01 May

Will Smith at all-star Jazz Day in Cuba

GMT 06:25 2017 Monday ,27 November

Bali raises volcano alert to highest level

GMT 12:45 2018 Monday ,26 November

Israeli forces close entrance of village in Ramallah

GMT 12:14 2018 Monday ,08 October

HM King congratulates Ugandan President

GMT 13:49 2017 Thursday ,17 August

Alibaba posts 94% surge in quarterly profit

GMT 08:47 2017 Saturday ,10 June

CDD responds to 236 various incidents

GMT 00:31 2015 Saturday ,16 May

Canada plans 30% CO2 emissions cut by 2030

GMT 03:31 2017 Wednesday ,22 February

‘Man-made’ climate change a major woman’s problem

GMT 10:42 2017 Thursday ,16 November

Algeria FM leaves Cairo following tripartite meeting

GMT 11:08 2017 Tuesday ,03 October

Moscow, Riyadh willing to boost cooperation

GMT 08:40 2017 Thursday ,31 August

Bahrain Bourse daily trading performance

GMT 18:23 2017 Wednesday ,29 March

Ghazali's ALTARSHEED

GMT 08:22 2012 Wednesday ,04 July

Berenice Marlohe in racy shoot

GMT 15:47 2012 Friday ,20 January

2012 Honda Civic

GMT 10:37 2012 Friday ,13 July

2013 Ford Mustang

GMT 13:17 2011 Monday ,17 October

Hip hop stars to take centrestage at Yas Island

GMT 12:19 2017 Thursday ,27 July

Libya asks Italy to combat human trafficking

GMT 13:11 2017 Wednesday ,04 October

Jacques Dubochet (Switzerland), Joachim Frank (US)

GMT 12:26 2017 Thursday ,02 November

CAPRICORN (December22nd-January20th)

GMT 22:21 2017 Tuesday ,19 December

Haifa Wahby apologized for not receiving award

GMT 14:56 2017 Tuesday ,17 October

Palestinian cabinet decries Sinai terror attack
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday