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"Kurdistan Regional Government does not allow us to visit its oil facilities"

2024-03-09 23:56:54

"We have no information about the production and export of oil in the region and the companies are going to the International Court of Arbitration, which is the problem of the region," said the Iraqi oil minister says.
Arian Tawgozi, a member of the New Generation Movement faction in the Iraqi parliament, met with Iraqi Oil Minister Hayyan Abdul Ghani today. "The Iraqi Oil Minister has said that we have no information about the production and export of oil from the Kurdistan Region and SOMO has not received a single barrel of oil from the Kurdistan Region," Tawgozi said.
"Some of the oil companies operating in the Kurdistan Region want to move towards the International Court of Arbitration, which is the problem of the region," he said.

 Also the Iraqi Deputy oil minister who attended the meeting said "The Kurdistan Region will not allow the teams of the Iraqi Oil Ministry to visit the oil facilities in the region,".

The problems between the Kurdistan Region and the central government are about the cost of oil extraction. In Iraq, the price of oil is between 8,000 and 9,000 Iraqi dinars per barrel, while in the Kurdistan Region it is set at $20.
In Iraq, the amount of $ 1.20 dedecated per barrel for transportation, but in the Kurdistan Region, the amount of $ 6 per barrel of oil will be spend for transportation, which is contrary to the general budget law and Iraq can not comply with them.

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