KRG continues to sell oil

“For the past 90 years the Kur­dish oil has been looted and used against the Kurds. It is our right to sell our own oil now.”

The Kurdish Globe - - NEWS -

Safeen Diza­yee, the spokesper­son of the Kur­dis­tan Re­gional Govern­ment (KRG), said that the amount of oil that was ex­ported to Turkey has been sold ac­cord­ing to the in­ter­na­tional sys­tems and the tech­ni­cal as­pect is not the KRG's busi­ness.

“KRG will con­tinue to ex­port and sell oil. The rev­enue of the 1 mil­lion bar­rel of the KRG oil will be an­nounced by Nechir­van Barzani, the KRG Prime Min­is­ter.”

KRG an­nounced on 23 May: “In line with its pol­icy of im­ple­ment­ing the 2005 Con­sti­tu­tion and help Iraq achieve its sales tar­gets, the KRG has com­pleted the first sale pro­ce­dures of crude oil pro­duced in the Kur­dis­tan Re­gion and piped to the port of Cey­han in Turkey.”

Turkey's sale of the KRG oil with­out Iraq's per­mis­sion once again brought about dis­putes be­tween Bagh­dad and Hawler (Er­bil) push­ing Ma­liki, Iraq's Prime Min­is­ter, to em­pha­size his ear­lier stand on cut­ting the civic salaries of the KRG.

Speak­ing ex­clu­sively to the Kur­dish News Net­work Chan­nel (KNN), Diza­yee ex­plained that the oil which was sent to Turkey over the past few months has been sold ac­cord­ing to the in­ter­na­tional stan­dards and prices, hence re­fut­ing Bagh­dad's ac­cu­sa­tions that the oil was sold at a lower price.

“Apart from the sell­ing trans­ac­tions, the KRG has no re­la­tion with the tech­ni­cal de­tails,” Diza­yee said.

He ex­plained that they need to ex­port be­tween 400 to 500 thou­sand oil bar­rels per day in or­der to pro­vide the salaries to the Re­gion's em­ploy­ees who have not re­ceived their money in time in the last 5 months.

Diza­yee em­pha­sized that the KRG will con­tinue to ex­port and sell its oil, adding that for the past 90 years the Kur­dish oil has been looted and used against the Kurds. “It is our right to sell our own oil now.”

Diza­yee stated that the KRG is ready to hold ne­go­ti­a­tions with the Cen­tral Govern­ment within the frame­work of the Con­sti­tu­tion.

To ex­plain the sell­ing process of oil and to an­nounce the rev­enue, last Wed­nes­day, the Prime Min­is­ter Nechir­van Barzani and the KRG's Nat­u­ral Re­sources Min­is­ter Ashti Hawrami met with the Speaker of the Par­lia­ment, Yousif Mo­hem­mad and the Heads of the po­lit­i­cal Blocs in the Par­lia­ment.

The KRG sold its first oil ship­ment through the Mediter­ranean port of Cey­han on 22 May. Iraq’s Cen­tral Govern­ment re­acted to the move by fil­ing a law­suit at the In­ter­na­tional Ar­bi­tra­tion Court in Paris against Turkey on grounds it was al­low­ing the sale of "smug­gled Iraqi oil."

The bone of con­tention be­tween Er­bil and Bagh­dad has been over who con­trols the rev­enues. The Kurds re­jected de­mands by Bagh­dad that the sales should be con­ducted by the State Oil Mar­ket­ing Or­ga­ni­za­tion, invit­ing SOMO only as an ob­server.

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