هەواڵ
Foreign oil companies demand 423 billion dinars monthly to extract oil from the Kurdistan Region
بڵاوکراوەتەوە لە : 13 شوبات 2024
قەبارەی دەقەکان
قەبارەی دەقەکان
هەواڵ
بڵاوکراوەتەوە لە : 13 شوبات 2024
قەبارەی دەقەکان
قەبارەی دەقەکان
According to Soran Omar Member of the Iraqi Parliament, Foreign oil companies demand 423 billion dinars monthly to extract oil from the Kurdistan Region. However, the main problem between the Kurdistan Region and Baghdad is the oil issue. According to Article 12/2/A of Law No. 13 of 2023, the budget law for the years 2023-2024-2025 requires KRG to deliver no less than 400,000 barrels of crude oil daily to the State Oil Marketing Organization (SOMO) for export through the port of Ceyhan, or for local use in case of non-exportation.
According to the same article (13/2/c), the fee for extraction and transportation of oil will be provided by the Federal Ministry of Finance at the equivalent price of Iraq for the transportation and production of a barrel of oil
