Abdul-Mahdi: Iraq exported 2.4 million barrels of oil a day except for Kurdistan and Kirkuk exports


2014/12/17 04:35:19 PM

BAGHDAD / Wi-News


Oil Minister Adel Abdul-Mahdi said that the official export of Iraqi oil reached 2.4 million barrels except for Kurdistan and Kirkuk.


And Abdul-Mahdi, at a news conference area Rumaila oil west of Basra, where today attended the fifth anniversary of the signing of the investment Rumaila oil field with the British oil company

, held a ceremony that were actively now to speed up the issuance of oil and gas law to regulate the relationship between the oil ministry and local governments and the producing provinces and the federal government. "


He said that "should be legislation distribution of financial resources Act into law and regulations and directives doable and not as a private interpretations, noting that this matter raised yesterday at a cabinet meeting remarkable that this is not in Kurdistan interest by,

but in the interests of oil-producing provinces to become her clear rights in the administration and oil resources. "

http://ynewsiq.com/index.php?aa=news&id22=11799&iraq=عبد المهدي: العراق يصدر مليونين و400 الف برميل نفط يوميا عدا صادرات كردستان وكركوك#.VJGpIec4

Oil Ministry: Baghdad-Erbil agreement over oil issues not to replace Oil& Gas law draft

Monday, 08 December 2014 15:35

Baghdad (AIN) –The Ministry of Oil announced that the latest agreement between Baghdad and Erbil over the oil issues will not replace the Oil and Gas law draft.

The spokesperson of the Oil Ministry, Asim Jihad stated to AIN "The latest deal between Baghdad and Erbil over the oil issues will not replace the Oil and Gas law draft that will be endorsed by the parliament soon where Iraq needs such laws to organize the performance of this sector." /End/

http://www.alliraqnews.com/en/index….law-draft.html

U.S. Congratulates Iraq on Hydrocarbon Agreement

Press Statement

Marie Harf
Deputy Department Spokesperson, Office of the Spokesperson
Washington, DC
December 2, 2014



We congratulate the Iraqi and Kurdistan Regional Governments on reaching a broad agreement on revenue management and oil exports originating from the Iraq Kurdistan Region and Kirkuk. This resolution, in line with its constitution, allows all Iraqis to benefit equitably from Iraq’s hydrocarbon sector. This agreement will further strengthen both Iraq’s Federal Government and the Kurdistan Regional Government as they work together to defeat ISIL.


http://www.state.gov/r/pa/prs/ps/2014/12/234599.htm

U.S. Congratulates Iraq on Hydrocarbon Agreement

Press Statement

Marie Harf
Deputy Department Spokesperson, Office of the Spokesperson
Washington, DC
December 2, 2014



We congratulate the Iraqi and Kurdistan Regional Governments on reaching a broad agreement on revenue management and oil exports originating from the Iraq Kurdistan Region and Kirkuk. This resolution, in line with its constitution, allows all Iraqis to benefit equitably from Iraq’s hydrocarbon sector. This agreement will further strengthen both Iraq’s Federal Government and the Kurdistan Regional Government as they work together to defeat ISIL.


http://www.state.gov/r/pa/prs/ps/2014/12/234599.htm

Baghdad and Erbil Reach a final agreement to resolve the outstanding problems

Tuesday 0.02 December 2014 10:58 MM AM / PM P

Twilight News / senior source revealed in Baghdad, on Tuesday, reaching for the governments of the Kurdistan Region and the federal government for a final agreement on a number of contentious issues outstanding between them will be implemented with the beginning of next year, pointing out that the joint statement issued by the two parties today.



The source, who asked not to be identified in an interview with "Twilight News", said that under the agreement the province will export 300 000 barrels of oil from Kirkuk, in addition to the required quantity which is 250 000 barrels to the Turkish port of Ceyhan to be sold under the supervision of the Iraqi national oil export company "Sumo", indicating that this region will export 550 000 barrels per day.

He added that under the deal will pay the dues of Baghdad province of all the Iraqi budget, pointing out that the agreement will be implemented from the beginning of next year.

He noted that the agreement also includes that the federal government to pay half the Kurdish forces Alپeshmrگh salaries, noting that there is a meeting between the parties will be held today and will be after the announcement of the joint statement includes details of the agreement reached by the parties after intensive talks in recent days.

The head of the Kurdistan Regional Government Naچervan Barzani arrived in Baghdad on Sunday, the head of a high delegation of his government includes deputy Qubad Talabani and Ministers of Finance, Planning, and held a series of meetings with Iraqi Prime Minister Haider al-Abadi and a number of political leaders in Baghdad, in order to reach an agreement to end the files the relationship between Erbil and Baghdad, especially with regard to the general budget and forces Alپeshmrگh and export of oil and the province of Article 140 of the Iraqi constitution.

http://english.shafaaq.com/index.php…nding-problems

Baghdad and Erbil Reach a final agreement to resolve the outstanding problems

Tuesday 0.02 December 2014 10:58 MM AM / PM P

Twilight News / senior source revealed in Baghdad, on Tuesday, reaching for the governments of the Kurdistan Region and the federal government for a final agreement on a number of contentious issues outstanding between them will be implemented with the beginning of next year, pointing out that the joint statement issued by the two parties today.



The source, who asked not to be identified in an interview with "Twilight News", said that under the agreement the province will export 300 000 barrels of oil from Kirkuk, in addition to the required quantity which is 250 000 barrels to the Turkish port of Ceyhan to be sold under the supervision of the Iraqi national oil export company "Sumo", indicating that this region will export 550 000 barrels per day.

He added that under the deal will pay the dues of Baghdad province of all the Iraqi budget, pointing out that the agreement will be implemented from the beginning of next year.

He noted that the agreement also includes that the federal government to pay half the Kurdish forces Alپeshmrگh salaries, noting that there is a meeting between the parties will be held today and will be after the announcement of the joint statement includes details of the agreement reached by the parties after intensive talks in recent days.

The head of the Kurdistan Regional Government Naچervan Barzani arrived in Baghdad on Sunday, the head of a high delegation of his government includes deputy Qubad Talabani and Ministers of Finance, Planning, and held a series of meetings with Iraqi Prime Minister Haider al-Abadi and a number of political leaders in Baghdad, in order to reach an agreement to end the files the relationship between Erbil and Baghdad, especially with regard to the general budget and forces Alپeshmrگh and export of oil and the province of Article 140 of the Iraqi constitution.

http://Baghdad and Erbil Reach a fin…nding problems

The Council of Ministers agreed with Arbil stressed that the oil belongs to all Iraqis [Expanded]

Tuesday 0.02 December 2014 13:22


[Baghdad-where]

Federal Cabinet announced its approval of the agreement between the governments of Baghdad and Erbil on the financial budget and oil exports.

A statement by the Office of the Prime Minister Haider al-Abadi received by all of Iraq [where] a copy of the "Council of Ministers decided in its meeting held today, to approve the agreement between the federal government and the Kurdistan Regional Government, which was attended by the Prime Minister of the Federal Haider Abadi and President of the Kurdistan Regional Government Nechirvan Barzani, which stipulates that the Iraqi oil belongs to all Iraqis and the Kurdistan region to hand over at least 250 000 barrels of oil per day to the federal government for the purpose of export."

The statement added, "The agreement includes the export of 300 000 barrels per day by the federal province of Kirkuk fields of government through the oil pipeline in the Kurdistan region of line."

He pointed to "also agree on the allocation of a percentage of the federal allocations ground forces of the Iraqi army to the Peshmerga forces according to population ratio as part of the Iraqi security system."

The head of the Kurdistan Regional Government and the President of the Kurdish delegation negotiating Barzani has today welcomed the agreement they returned him new page of relations between Baghdad and Arbel.anthy

http://translate.google.com/translat…47e6ketJHoJfng


The Council of Ministers agreed with Arbil stressed that the oil belongs to all Iraqis [Expanded]

Tuesday 0.02 December 2014 13:22


[Baghdad-where]

Federal Cabinet announced its approval of the agreement between the governments of Baghdad and Erbil on the financial budget and oil exports.

A statement by the Office of the Prime Minister Haider al-Abadi received by all of Iraq [where] a copy of the "Council of Ministers decided in its meeting held today, to approve the agreement between the federal government and the Kurdistan Regional Government, which was attended by the Prime Minister of the Federal Haider Abadi and President of the Kurdistan Regional Government Nechirvan Barzani, which stipulates that the Iraqi oil belongs to all Iraqis and the Kurdistan region to hand over at least 250 000 barrels of oil per day to the federal government for the purpose of export."

The statement added, "The agreement includes the export of 300 000 barrels per day by the federal province of Kirkuk fields of government through the oil pipeline in the Kurdistan region of line."

He pointed to "also agree on the allocation of a percentage of the federal allocations ground forces of the Iraqi army to the Peshmerga forces according to population ratio as part of the Iraqi security system."

The head of the Kurdistan Regional Government and the President of the Kurdish delegation negotiating Barzani has today welcomed the agreement they returned him new page of relations between Baghdad and Arbel.anthy

http://translate.google.com/translat…47e6ketJHoJfng


Americans Are Paying the Least for Gas in 4 Years … But Will OPEC Stand for It?

Mike Larson | Monday, November 24, 2014 at 4:30 pm



Crude Oil -$0.78 to $75.73


It’s official: We’re paying the lowest prices for gasoline in four years!

The long-standing Lundberg survey found that regular gas now sells for an average $2.84 a gallon, down a dime from the previous week. It hasn’t been this cheap since November 2010.

Albuquerque, NM registered the lowest in the continental U.S. at $2.47, while San Francisco was the highest at $3.14.

That’s good news considering how many of us hit the nation’s highways during the Thanksgiving holiday week. AAA predicts that just over 46 million Americans will drive at least 50 miles from home for the holiday. That would be a 4.2 percent rise from a year ago, and the highest since 2007.


Over 46 million Americans are expected to hit the road this week.

You can thank the domestic energy renaissance for some of the relief, and slowing economic growth in other parts of the world for the rest. The first factor has driven U.S. energy production much higher, while the second force has driven global demand down.

But will the good times keep on rolling? That likely depends on the next move by the OPEC oil cartel.

Officials from the 12-nation group are meeting in Vienna on Thanksgiving Day to decide whether they should cut production to shore up crude oil prices. Analysts say a cut of at least 1 million barrels per day (BPD) is likely necessary if OPEC wants to stem recent declines. Its current quota is 30 million BPD.

The good news for us — and bad news for OPEC — is that we’re getting much more energy independent. We relied on OPEC nations like Saudi Arabia, Venezuela, Kuwait and Iraq for only 40 percent of our oil imports in August, the least since 1985. At the same time, our domestic production has surged to around 9 million barrels per day — the highest in three decades.

My strategy here has been to focus less on the absolute level of oil prices, and more on who is winning and losing thanks to the domestic energy boom. That means buying shares of companies that are making a killing from rising energy production, transportation, storage, and processing HERE — and shunning those reliant on the “old” energy market dominated by the likes of OPEC.

http://www.moneyandmarkets.com/ameri…8#.VHS5vGcsGMh

Americans Are Paying the Least for Gas in 4 Years … But Will OPEC Stand for It?

Mike Larson | Monday, November 24, 2014 at 4:30 pm



Crude Oil -$0.78 to $75.73


It’s official: We’re paying the lowest prices for gasoline in four years!

The long-standing Lundberg survey found that regular gas now sells for an average $2.84 a gallon, down a dime from the previous week. It hasn’t been this cheap since November 2010.

Albuquerque, NM registered the lowest in the continental U.S. at $2.47, while San Francisco was the highest at $3.14.

That’s good news considering how many of us hit the nation’s highways during the Thanksgiving holiday week. AAA predicts that just over 46 million Americans will drive at least 50 miles from home for the holiday. That would be a 4.2 percent rise from a year ago, and the highest since 2007.


Over 46 million Americans are expected to hit the road this week.

You can thank the domestic energy renaissance for some of the relief, and slowing economic growth in other parts of the world for the rest. The first factor has driven U.S. energy production much higher, while the second force has driven global demand down.

But will the good times keep on rolling? That likely depends on the next move by the OPEC oil cartel.

Officials from the 12-nation group are meeting in Vienna on Thanksgiving Day to decide whether they should cut production to shore up crude oil prices. Analysts say a cut of at least 1 million barrels per day (BPD) is likely necessary if OPEC wants to stem recent declines. Its current quota is 30 million BPD.

The good news for us — and bad news for OPEC — is that we’re getting much more energy independent. We relied on OPEC nations like Saudi Arabia, Venezuela, Kuwait and Iraq for only 40 percent of our oil imports in August, the least since 1985. At the same time, our domestic production has surged to around 9 million barrels per day — the highest in three decades.

My strategy here has been to focus less on the absolute level of oil prices, and more on who is winning and losing thanks to the domestic energy boom. That means buying shares of companies that are making a killing from rising energy production, transportation, storage, and processing HERE — and shunning those reliant on the “old” energy market dominated by the likes of OPEC.

http://www.moneyandmarkets.com/ameri…8#.VHS5vGcsGMh