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In 2024, the KRG has sold (110 million 880 thousand) barrels of oil

2024-12-16 12:56:47

 "Only in 2024 the KRG has sold (110 million 880 thousand) barrels of oil, but returned revenue  to the treasury of the Kurdistan Regional Government is zero", Ali Hama Saleh, leader of the Halwest (Stance) Movement, said in a press conference.

 Ali Hama Saleh also said that "throughout 2024, exactly (110 million 880 thousand) barrels of oil were sold by the KRG, Is it reasonable for the Ministry of Finance to have zero dollars?".

According to Ali Hama Saleh:

 * If we divide this figure  (110 million 880 thousand barrels of oil) by each citizen of the Kurdistan Region, (22) barrels of oil have been produced for each citizen.

* if only (5) dollars remains per barrel, government can pay the salary of December. 

• There are refineries that have made a profit of $390 million this year, but the government has made zero profit.

• The oil is sold at $250-260 per tonne in the market in Erbil, Its revenue goes to a private bank. It is reasonable for an oil company to earn $17-18 per barrel, but the Kurdish people earn zero dollars. So what is the wisdom of extracting oil?

• 75% of Kurdistan's oil production goes to Turkey, whether it is the companies of Kar, Lanas and others. Some of them have agreed with groups in south of Iraq to take Kurdistan's oil to Basra and sell it there.

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