2024-04-23 | 02:11
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Al-Sumaria News-Economy
Attention was directed towards the visit of Turkish President Recep Tayyip Erdogan to Iraq, with great interest, to resolve many outstanding files, including the resumption of the export of Kurdistan oil and thus Kirkuk oil also through the Turkish port of Ceyhan, but nothing of this happened, in a file that was resolved internationally, but it cannot be solved locally so far, and that Turkey is no longer a party to this problem since it announced months ago that the pipe is ready to resume export, but Iraq has not resumed exports yet.
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The spokesman for the Iraqi government in the name of Al-Awadi, said on the sidelines of Erdogan’s visit in statements to reporters, that the return of oil exports fromKurdistanToTurkeyAcross the pipeline, which has been closed for more than a year, it will take longer as negotiations with the territorial government and oil producers continue.
Al-Awadi added that the conversations between companies andthe Iraqi Ministry of OilIt is likely to take some time, especially sinceBaghdadIt is working to establish a direct relationship regarding production quantities, exports and prices, explaining that there is no specific time frame to resolve negotiations with foreign oil companies in the region.
It turns out that the problem is completely limited to only two parties, notTurkeyand not a governmentKurdistanThe problem is limited betweenBaghdadAnd foreign companies operating inKurdistan, where these companies are demanding to adjust the budgeted production cost amounts.
Head of governmentMohammed Shia Al-SudanHe said a few days ago, that the cost of producing the barrel is inIraqIt’s $8, while it cost it inKurdistan$26
He explained that “we have put forward two solutions, the first to amend the contracts of oil companies inKurdistanAnd the commitments turn intoBaghdadBut it was rejected by the companies and the territorial government, so we put forward the second solution, which is to amend the budget law and amend the cost of production and the receivables of foreign companies, and that was rejected by parliament.”
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