Iraq asks for resuming negotiations to perform Kurdistan oil

The Iraqi Oil Ministry of Oil has denied the accusations of the Kurdistan Eleche Federation, which represents oil producers, ‘Apikur’, who claims that the ministry has expressed its reluctance to negotiate the contracts concluded with the Kurdistan Regional Government, and describe the statement as ‘false and misleading’. In a statement issued today, Friday, the ministry confirmed its full commitment to the implementation of the amendment of the General Budget Act issued on February 2, and provides for the delivery of the entire region of the region to the Iraqi oil marketing business (SUMO), in exchange for the remuneration of the Regional Government for Production for Production and Further Costs. It also indicated that there is a temporary mechanism to compensate the region to the completion of the advisory authority. A warning against the sale of oil outside the legal frameworks, the ministry emphasized that the Iraqi government, led by Premier Muhammad Shi’a Al -Sudani, had taken serious steps to ensure the resumption of oil by the Iraq turmoil and quickly accounted for, and warned against the sale of oil outside the approved legitimate junk. “Türkiye stopped by the pipeline, carrying oil from the Kurdish region in Iraq to the port of Jihan, in March 2023, was ordered by a jury to pay about 1.5 billion dollars to Iraq for the transfer of oil without the approval of Baghdad. Framework of the amended budget law is, and in a way that preserves the sovereignty of Iraq and supports its dedication to investors. wastage of about $ 19 billion.