Oil: agreement Baghdad and Erbil to resolve differences between the two sides will not constitute a final solution

by **Ponee** Fri Nov 14, 2014 11:48 am

Considered the Oil Ministry, said Friday that the recent agreement between the governments of Baghdad and Erbil to resolve differences between the two sides will not constitute a final solution, but opens the way for the start of the development of "a comprehensive, just and constitutional" to all outstanding matters solutions, as pointed out that respect this agreement by both parties will ensure the return of some million barrels of oil a day to the Treasury. The ministry said in a statement: "Alsumaria News" got a copy of it, that "after extensive consultations within the parties to the Government of the Federal and between the parliamentary blocs and with the Regional Government of Kurdistan , and the direction of the Prime Minister Haider al-Abadi , and the implementation of paragraph 17 of the government's curriculum has been agreed with the Government of the Territory to start FIRST steps to rebuild confidence and resolve differences in a comprehensive, just and constitutional crisis escalated after that and formed a rift threatens national unity. "

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She added that "the agreement whereby the federal government transferred $ 500 million to the Government of the Region in the recent development of 150 thousand barrels of crude oil per day at the disposal of the Federal Government", pointing out that "the federal government and the government of the region, had already reached in 2014 and the years that preceded it, in times for many, the agreements did not find their way to the application, or applied for a short period and then stopped. "

The ministry said that "perhaps the last attempts what was agreed upon at a joint meeting between the two parties Minutes in the April 21, 2014 direct to pump oil eliminates the product from the region by 50 thousand b / d through the Iraqi-Turkish line and 50 thousand b / d through the production system in the Zab region, "indicating that" the correspondence continued between the parties in this regard, and almost up to the result, but high uncertainty, and the accumulation of requirements and accounts monounsaturated, led to a final stop in the July 8, 2014, according to the official books. "

She ministry, "the difference in 2014 has led to the Iraqi treasury loss of oil production from the region, exports and the loss of territory to the receipt of dues from the general budget, in addition to the loss of production of Kirkuk, starting from March 2014, after being destroyed by terrorism, oil pipelines, tanker, and seizing some of the fields and facilities ".

She stressed that "From here came the necessity to re-atmosphere of trust and mutual cooperation building, which resulted in the recent agreement," noting that "500 million dollars, which will be transferred to the Government of the Territory, and 150 thousand barrels per day, which will be handed over the federal government does not constitute a final solution, not the cause of mutual benefits , nor to the issue of exports and production, but also opens the way for the start of the development of a comprehensive, just and constitutional solutions to all outstanding matters. "

And considered the ministry, that "this agreement that has been respected and sponsorship honestly and sincerely, and developed especially during the Prime Minister of the Territory Government Nechirvan Barzani's visit to Baghdad in the coming days will ensure that we re to the Treasury exports nearly a million barrels of oil per day, from Kurdistan and fields of Kirkuk and north, any Tens of billions of dollars we lost in 2014 during which the funds we need it most, especially with the drop in oil prices and the prospect of continuing to decline through 2015. "

And stressed the need to "appreciate our responsibilities well, we stand in front of two policies the mutual loss, or profit Almottagabl, the first policy-destructive and leads everyone to losses and complaints and doubts and numbers reject the other party, and past experience proof shining on what we say, while the logic of mutual profit adds to unforeseen profits and direct profits unforeseen and indirectly make an additional one million barrels of oil a day is not only just a number, but numbers will double the benefits system and shared benefits for all. "

The Kurdistan Regional Government announced, on Thursday (November 13, 2014), in an agreement with the Baghdad government to solve the "full and fair" to the problems between the two sides, stressing that the federal government will pay the province $ 500 million, as will transform the Government of the Territory of 150 thousand barrels of oil crude per day at the disposal of the federal government.

He also announced Finance Minister Hoshyar Zebari , on Thursday, the central government's approval to resume the payment of salaries of employees of the Kurdistan region from the federal budget. http://goo.gl/1QaDBn