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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region

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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Kurdistan Parliament Delegates Meet with Iraqi Counterparts in Baghdad

Post by claud39 on Fri Sep 27, 2019 1:45 pm

Kurdistan Parliament Delegates Meet with Iraqi Counterparts in Baghdad


27/09/2019



Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 A11c79d904b3a94daca1c401250fe78a_L



[size=19]ERBIL - Delegates of the Kurdistan Region Parliament met on Friday with Iraqi counterparts in capital Baghdad to discuss the disputes between the Kurdistan Region and Iraq.[/size]
During the meeting, Sarko Azad, a member of the Kurdish delegation, told BasNews that the two sides shed light on the remaining issues between Erbil and Baghdad, where the delegation made it clear that the Kurdistan Region is expecting all its constitutional rights to be preserved before reaching any agreements with Iraq.
He further pointed out that they discussed the matter with members of the two committees of finance and natural resources at the Iraqi Council of Representatives, both sides finding it better for Erbil and Baghdad to reach a final agreement by the end of October.
The Kurdistan Region has been concerned over its share from the Iraqi budget bill for the year 2020.


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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Erbil, Baghdad Working on Roadmap to Address Oil Disputes: Iraqi Minister

Post by claud39 on Sun Sep 29, 2019 1:34 pm

Erbil, Baghdad Working on Roadmap to Address Oil Disputes: Iraqi Minister


28/09/2019



Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 D1256fa4032df655b8149a16091bc889_L


[size=19]ERBIL - Erbil and Baghdad are working on a roadmap in hopes of addressing the disputes between the sides pertaining to the oil, Iraqi Minister of Oil Thamir Ghadhban said on Saturday.[/size]
Speaking to Kurdistan 24, Ghadhban said that both the Kurdistan Region and Iraq should work based on Articles 111 and 112 of the Constitution, according to which, the oil and gas are for all Iraqis.
He further pointed out that the two sides have already agreed to resolve the remaining disputes based on the Iraqi Constitution.
What Erbil and Baghdad seek is that the they both participate in the production process and benefit from the revenues together, the Iraqi minister added, according to the report.



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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

Post by claud39 on Sun Sep 29, 2019 1:37 pm

Iraqi Parliament Delegation to Visit Erbil, Discuss Prolonged Disputes

29/09/2019


Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 5732e518e8d9d601e27716469b42b129_L


ERBIL — A delegation of lawmakers from the Iraqi parliament will visit Erbil in the upcoming days to follow up the talks aimed at finding a solution to the prolonged disputes between the regional and federal governments.
Since the formation of the new cabinet of the Kurdistan Regional Government (KRG), Erbil and Baghdad have shown commitment to resolving their differences, especially those related to budget, oil revenues, and disputed areas.
MP Vian Sabri told BasNews that the parliamentary delegation will include committees of legal affairs, oil and gas, and finance and economy.
“Each parliamentary committee will hold separate meetings with the relevant authorities in Kurdistan Region,” she said.
Among the current disputes between Erbil and Baghdad is the 2020’s budget bill. MP Sabri noted that the regional and federal governments should reach an agreement before the bill is sent to the parliament for approval so KRG’s share is secured.

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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty KURDISTAN REGION EXPRESSES WILLINGNESS TO SEND OIL TO BAGHDAD: DEPUTY SPEAKER

Post by claud39 on Sun Sep 29, 2019 2:36 pm

[size=30]KURDISTAN REGION EXPRESSES WILLINGNESS TO SEND OIL TO BAGHDAD: DEPUTY SPEAKER[/size]









Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 2992019139182892019203626888








SULAIMANI — Deputy Speaker of the Kurdistan Parliament Hemin Hawrami met with federal Finance Minister Fuad Hussein on Saturday (September 28) in Baghdad and expressed the Kurdistan Region’s willingness to transfer the oil that it is already obligated to under the budget agreement.




Hawrami is visiting Baghdad along with members of the energy and natural resources and finance committees for talks with federal officials, according to a statement posted on the Kurdistan Parliament’s website.

During the meeting, the delegation from the Kurdistan Region emphasized the need for constitutional solutions and that the Region’s rights and budget share need to be respected.

Hawrami said that payments from Baghdad could be made in return for submitting oil to Baghdad for export.

Under the terms of the 2019 Federal Budget Law, the Kurdistan Region must submit 250,000 barrels of crude oil per day to the federal government, but it has failed to send any at all. As a result, the Region receives enough funding to pay public sector salaries, rather than its full share of 12.67 percent of the federal budget.

In interviews with Kurdistan Democratic Party-affiliated media on Saturday federal oil minister Thamer Ghadhban had expressed some optimism that a solution could be found, but offered no details of what might be agreed to by Erbil and Baghdad.

Although optimism that relations between the Region and the federal government was high following the passage of the 2019 budget, the mood has progressively soured given the Region’s failure to abide by the law.

(NRT Digital Media)



https://www.nrttv.com/En/News.aspx?id=15452&MapID=1
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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Three delegations from Baghdad to the Kurdistan region

Post by claud39 on Sun Sep 29, 2019 2:39 pm

Three delegations from Baghdad to the Kurdistan region



2019/09/28 11:31:15

Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Erbil-nubio








It is scheduled to go three delegations from Baghdad in the coming days to the Kurdistan region, while stressed the Kurdistan Democratic Party bloc on the need to reach the governments of Arbil and Baghdad to an agreement before the arrival of the draft budget to the House of Representatives.

The head of the Kurdistan Democratic Party bloc in the House of Representatives, Fian Sabri, said in a press statement that it is scheduled to go three delegations from Baghdad in the coming days to the Kurdistan region, indicating that the delegations are a delegation of the Finance and Economic Committee and the Legal and Oil and Gas Committee.

On the objectives of the visit, Sabri explained that the delegations aim through their visit to Baghdad to increase convergence, adding that those committees see the situation of Kurdistan each through its competence.

On the visit of the oil and gas committee, Sabri confirmed that it is an independent committee composed of members of the oil and gas committee, indicating that it is discussing and follow-up in the oil sector with the Kurdistan Regional Government, which will provide them with all the information they want.

Sabri pointed out that the best solution is the agreement of Arbil and Baghdad to solve the outstanding problems before the arrival of the draft general budget to the House of Representatives, because it is difficult to reach the budget to the Council without the agreement of the two governments.

The Secretary-General of the Council of Ministers Naim Hamid al-Ghazi had earlier in the day to resolve many of the differences and outstanding issues between the federal government and the Kurdistan Regional Government soon.

Al-Ghazzi said in a statement to reporters today, that "there is a negotiating delegation to resolve the outstanding problems with the region with regard to the issue of oil and border ports and disputed areas as well as Kirkuk other topics," stressing that these are the most prominent points of disagreement between the federal government and the regional government.

"Joint delegations between the two sides are continuing dialogues to solve these problems and soon many will be resolved," he added.


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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Democrat: The province will deliver Baghdad 250 thousand barrels within the 2020 budget

Post by claud39 on Tue Oct 01, 2019 7:00 am

Democrat: The province will deliver Baghdad 250 thousand barrels within the 2020 budget


01/10/2019



Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 17395







Economy _ News Baghdad

A member of the House of Representatives of the Kurdistan Democratic Party, Ikhlas al-Dulaimi, revealed on Tuesday that the region will deliver 250 thousand barrels, agreed with the federal government, within the budget of 2020. Al-

Dulaimi, in an interview with the "morning" and I read it Over the current year on how to deliver KRG 250,000 barrels of oil to the federal government through the Oil Marketing Company (SOMO). ”

 Al-Dulaimi stressed, “The arrival of Kurdish delegations to meet with Prime Minister Adel Abdul Mahdi to resolve the oil dispute between the federal government and the region, and to hand over the quota in the budget estimated at 250 thousand barrels,” indicating that “we will go to amend the budget.”





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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Baghdad sends delegation to Erbil to Resolve Disputes

Post by claud39 on Wed Oct 02, 2019 7:47 am

Baghdad sends delegation to Erbil to Resolve Disputes
2nd October 2019 


Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Oil-Worker-at-Taq-Taq-Genel-Energy-623x346


By Dana Taib Menmy for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News.
Iraqi President Barham Salih met separately Sept. 18 with four Kurdistan Regional Government (KRG) leaders — President Nechirvan Barzani, Prime Minister Masrour Barzani, parliament Speaker Rewaz Fayaq and Deputy Prime Minister Qubad Talabani in Erbil, the KRG capital.
The purpose of Salih’s visit was to warn the KRG about the region’s share in Iraq’s federal budget for 2020, scheduled to be passed by the national parliament by the end of the year.
A well-informed source close to the ruing elites in both Baghdad and Erbil told Al-Monitor on condition of anonymity that the Iraqi president — who is Kurdish — cautioned the Kurdish leadership that the federal government in Baghdad will cut the Kurdistan region’s share of budget, including salaries of the KRG employees, if Erbil fails to hand over a portion of its oil to the State Organization for Marketing of Oil. The organization is responsible for selling Iraq’s oil.


http://www.iraq-businessnews.com/2019/10/02/baghdad-sends-delegation-to-erbil-to-resolve-disputes/
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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty Baghdad sends delegation to Erbil to resolve disputes Read more: https://www.al-monitor.com/pulse/originals/2019/09/iraq-baghdad-erbil-budget-oil-somo.html#ixzz61CF34QpO

Post by claud39 on Wed Oct 02, 2019 7:51 am

Baghdad sends delegation to Erbil to resolve disputes


October 1, 2019



Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Oil-Worker-at-Taq-Taq-Genel-Energy-623x346




SULAIMANIYAH, Iraq — Iraqi President Barham Salih met separately Sept. 18 with four Kurdistan Regional Government (KRG) leaders — President Nechirvan Barzani, Prime Minister Masrour Barzani, parliament Speaker Rewaz Fayaq and Deputy Prime Minister Qubad Talabani in Erbil, the KRG capital.


The purpose of Salih’s visit was to warn the KRG about the region’s share in Iraq’s federal budget for 2020, scheduled to be passed by the national parliament by the end of the year. A well-informed source close to the ruing elites in both Baghdad and Erbil told Al-Monitor on condition of anonymity that the Iraqi president — who is Kurdish — cautioned the Kurdish leadership that the federal government in Baghdad will cut the Kurdistan region's share of budget, including salaries of the KRG employees, if Erbil fails to hand over a portion of its oil to the State Organization for Marketing of Oil. The organization is responsible for selling Iraq's oil.


Under the Iraqi budget law for 2019, the KRG agreed to send 250,000 barrels of oil per day to the state oil organization. Although Baghdad continues delivering funds to Erbil as per the 2019 budget law, the KRG has told Baghdad that it cannot hand over its share of oil, claiming it has obligations to pay back debts to international oil companies working in producing and importing the region’s oil. Because the KRG’s oil sector is not transparent, there is no official data available on the KRG’s local and foreign debts. However, some 2018 estimates indicated the loans were about $20 billion.


The head of the national parliament’s finance committee, Haitham al-Jubouri, said Sept. 23 that the Iraqi government has yet to send the draft budget bill to parliament. He said the committee will return the bill to the government if it includes large deficits.




Iraq is the second largest producer in the Organization of the Petroleum Exporting Countries and home to 12% of the world's proven oil reserves; 95% of Iraq's revenues come from oil production. 

Jubouri said the country’s debt gas reached $125 billion. In part as a result, Iraqi Prime Minister Adel Abdul Mahdi is under increasing pressure from Iraqi opposition parties to require the KRG to either respect its financial obligations to Baghdad or see a drop in the KRG share of Iraq’s budget.
The source said the KRG asked Iran to appeal to Abdul Mahdi to continue sending funds to the Kurdistan region in 2020 and cover the KRG’s inability to submit the 250,000 barrels of oil per day, but that Tehran refused the request.


KRG spokesman Jutyar Adil told Al-Monitor, “The KRG has showed goodwill for reaching an agreement with Baghdad based on the Iraqi Constitution. For this purpose, we formed several technical committees.” Adil added, “There are some details that should be settled between both sides; the KRG believes that the issues can be resolved permanently.”


Asked whether the KRG could handle its financial issues if Baghdad cut all federal funds to Erbil, the spokesman said the KRG will respond to this if and when the funds are cut off.


Jamal Kochar, a Kurdish member of the national parliament's finance committee, told Al-Monitor, “The budget bill is a political debate. I do not believe the Kurdistan region’s share will not go below 12.67%, since data from the Iraqi ministries of planning and trade indicate the Kurdish population to be 13.9% of Iraq’s population.”


“I do not think Baghdad will cut salaries of KRG employees because such an action would support the Kurdistan region’s bid toward independence and economic independence from Baghdad; this is not the Iraqi state’s policy and the global coalition against the Islamic State would not tolerate that, ” he added.


He indicated that the Iraqi parliament will not be able to easily pass the budget bill with a reduction in the KRG’s share. He said that if the Kurdistan region’s share of the federal budget is reduced, Kurdish lawmakers will vote against the bill.


Mohammed Rauf, a professor of economics at Sulaimani University, told Al-Monitor that according to Iraq’s Constitution, the Kurdistan region’s share of federal budget cannot be cut, provided that the KRGs abide by the budget bill that is yet to be passed.


He said that the KRG did not abide by its obligations regarding the budget law for 2019, and that the Iraqi central government partially implemented its responsibilities toward the Kurds.


“If KRG does not start submitting 25,000 barrels of oil per day to Iraq in the coming months, then mutual trust between Baghdad and Erbil would vanish,” Rauf said, “Consequently, that might cause Abdul Mahdi’s government to stop sending any cash to Kurds, even if the Iraqi parliament passes the budget bill similar to this year’s formula. Still, Abdul Mahdi might continue sending the cash to Kurds.”


The economist emphasized that the KRG lacks a strong will to combat corruption, which, he said, is the culprit behind all of the Kurdistan region’s debts and financial woes. 





Found in:INSTITUTION BUILDINGOIL AND GAS

Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 DanaTaibMenmyBW

Dana Taib Menmy is a Kurdish journalist from Sulaimaniyah who has been published by several Kurdish media outlets since 2006.





https://www.al-monitor.com/pulse/originals/2019/09/iraq-baghdad-erbil-budget-oil-somo.html

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Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 Empty KRG Delegation to Visit Baghdad Today

Post by claud39 on Tue Oct 08, 2019 1:32 pm

KRG Delegation to Visit Baghdad Today


08/10/2019


Minister of Finance reveals the "in-depth" talks between Erbil and Baghdad next week on the oil of the region - Page 2 E1eb36a714512ce79d07cc1824aab6f8_L



[size=19]ERBIL - A delegation from the Kurdistan Regional Government (KRG) is scheduled to travel to Baghdad today (October 8 to discuss the census ahead of the provincial elections.[/size]
According to the information BasNews has learned, the delegation includes officials from the Ministry of Planning and Office of Statistics for talks on the census with the Iraqi counterparts in Baghdad.
Kurdistan Region Prime Minister Masrour Barzani had already, during a meeting with Iraqi Minister of Planning, warned against the attempts to politicize a long-overdue general census in Iraq.
"Census should not be used as a political mean against any specific component," Barzani said.

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