Kur­dish oil clients con­tinue to in­crease

The Kurdish Globe - - NEWS -

Deputy Head of the Com­mit­tee of In­dus­try and En­ergy in the Kur­dis­tan Par­lia­ment, Dil­shad Sha­ban, an­nounced that ex­port­ing Kur­dis­tan Re­gion's oil is un­ceas­ing and 200,000 bar­rels in the Jey­han sea­port are be­ing ex­ported daily. He also stated that up un­til now, the KRG has sold oil worth one bil­lion and 330 mil­lion dol­lars. He told "Hewler" news­pa­per that after the pub­lish­ing of the well-known Texas decision, which in fact was very vi­tal for Kur­dis­tan, clients of oil in­dus­try have been in­creas­ing con­tin­u­ously and many are even ask­ing for it.

As Mr. Sha­ban men­tioned, the ex­port­ing of oil through the Turk­ish Jey­han sea­port will con­tinue un­til the day the KRG and Bagh­dad come to an agree­ment on how much of the Re­gion's oil will be ex­ported through SOMO (State Or­ga­ni­za­tion for Mar­ket­ing of Oil) and how much of it through the sea­port of Jey­han. Cur­rently the Re­gion ex­ports about 200,000 bar­rels a day. It has sold 14 mil­lion bar­rels upto-now. Most of the money has been re­ceived but not all. Some of the money has been given to the em­ploy­ees of the pub­lic ad­min­is­tra­tions and some of it to pay off the loans. The Min­istry of Nat­u­ral Re­sources has taken loans to pay the salary of the gov­ern­ment em­ploy­ees from lo­cal and for­eign lenders. If it wasn't for the Nat­u­ral Re­sources Min­istry and the loans it took out then the salaries could not have been paid.

Mr. Sha­ban also dis­missed the ru­mours of Turkey's block­ade of the Kur­dish Re­gion's money. "How is it pos­si­ble that the ex­port­ing still con­tin­ues? The news about this is­sue is far from the truth and it is ac­tu­ally base­less be­cause if your money is blocked then the ex­port­ing will be blocked as well," con­cluded Mr. Sha­ban.

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