8/5/2012
Baghdad (news) ..
Threatened the Kurdistan Region to stop its oil exports by end of
August in case of non-payment of dues of foreign oil companies operating
in the region by the federal government.
A statement of the Kurdistan Regional Government has received the
Agency (news) a copy of it by the Minister of natural resources and
wealth in the Kurdistan Region drastically, say, in order to promote
confidence between Baghdad and Erbil, and to address problems related to
the file of the oil and gas, the provincial government to resume oil
exports in coordination with Baghdad since the beginning of the month,
through the export quantities of up to 100 thousand barrels of crude oil
a day, but the region will stop its oil exports in the event of
non-payment of dues to Baghdad, oil companies operating in the region. "
He added that the export of oil will last for one month, and in the
case of non-payment of dues of the oil companies will Arbil, the night
of 31 of the current month to stop the export process.
The statement said: President Managing Kinl Energie Tony Hayward said
in a letter to Hawrami said his company had not received the majority of
its receivables on oil exports for the period from 2009 to 2011 of the
Baghdad government, and this is a large impact on the company's
activities.
The Government of the Kurdistan Region of Iraq in mid-2009 to pump oil
to the Strategic tube connecting to the Turkish port of Ceyhan, by about
100 thousand barrels per day, and then raise the amount to 175 thousand
barrels per day in mid-2011.
The crisis has erupted between Baghdad and Erbil on the back off the
region to pump oil until further notice, due to differences with Baghdad
and the "lack of commitment to" pay dues to the international oil
companies operating in it, while Deputy Prime Minister for Energy,
Hussain al-Shahristani, in (the second of April 2012), that the
Government prevented Iraqis from Kurdistan six billion and $ 650 million
during the past two years 2010 and 2011 because of its failure to
export oil, and expected to reach higher levels of deprivation during
the current year. / Finished / d. N /