12 April 2014
BAGHDAD - The economic security adviser in Kurdistan, Biwa Khansi said that "continued stopped pumping oil through Kirkuk-Ceyhan line will reflect negatively on the country's economy and economic relations between Iraq and Turkey .
He told the National Iraqi News Agency / NINA / that "exporting oil from Kirkuk oilfields to the Turkish port of Ceyhan, located on the Mediterranean Sea, is still shut because of repeated attacks on the line carrier within the administrative borders of the provinces of Salahuddin and Nineveh," stressing that "the continuation of stops export oil through Turkey would negatively affect the economic relations between Iraq and Turkey and also on the petro-dollar project for the oil-producing provinces and the state budget. "
He explained that " Iraq has signed an agreement with Turkey to export oil according to the sums of money, but stop exporting oil will push Turkey to claim their own money paid to Iraq , adding , that the petro-dollar project to the provinces producing oil / Diyala , Nineveh and Kirkuk / allocated share of the mentioned provinces , so stop exporting oil within the line of Kirkuk-Ceyhan will lead to reduce this allocations. "
He pointed out that "Iraq's budget plan put on the price of $ 90 per barrel of oil and stop the export of oil would disrupt this price will reduce the financial revenues of the federal budget."
The Oil Ministry has confirmed the continuation stopped exporting oil from the Kirkuk oilfields to the Turkish port of Ceyhan because of attacks on the line carrying oil through Turkey. "
It is said that Oil Minister, Abdul Karim Luaybi announced that the pumping of oil to the Turkish port of Ceyhan is expected to be resumed next week after repairing the pipeline, which carries about 20 percent of the total exports of Iraqi crude.
He added, "The oil ministry has alternative plans in the coming period through the establishment of a second line to export oil from Kirkuk oilfields to the Turkish port of Ceyhan, and this matter in the process of preparation and planning and we work to implement it in the near future."
BAGHDAD - The economic security adviser in Kurdistan, Biwa Khansi said that "continued stopped pumping oil through Kirkuk-Ceyhan line will reflect negatively on the country's economy and economic relations between Iraq and Turkey .
He told the National Iraqi News Agency / NINA / that "exporting oil from Kirkuk oilfields to the Turkish port of Ceyhan, located on the Mediterranean Sea, is still shut because of repeated attacks on the line carrier within the administrative borders of the provinces of Salahuddin and Nineveh," stressing that "the continuation of stops export oil through Turkey would negatively affect the economic relations between Iraq and Turkey and also on the petro-dollar project for the oil-producing provinces and the state budget. "
He explained that " Iraq has signed an agreement with Turkey to export oil according to the sums of money, but stop exporting oil will push Turkey to claim their own money paid to Iraq , adding , that the petro-dollar project to the provinces producing oil / Diyala , Nineveh and Kirkuk / allocated share of the mentioned provinces , so stop exporting oil within the line of Kirkuk-Ceyhan will lead to reduce this allocations. "
He pointed out that "Iraq's budget plan put on the price of $ 90 per barrel of oil and stop the export of oil would disrupt this price will reduce the financial revenues of the federal budget."
The Oil Ministry has confirmed the continuation stopped exporting oil from the Kirkuk oilfields to the Turkish port of Ceyhan because of attacks on the line carrying oil through Turkey. "
It is said that Oil Minister, Abdul Karim Luaybi announced that the pumping of oil to the Turkish port of Ceyhan is expected to be resumed next week after repairing the pipeline, which carries about 20 percent of the total exports of Iraqi crude.
He added, "The oil ministry has alternative plans in the coming period through the establishment of a second line to export oil from Kirkuk oilfields to the Turkish port of Ceyhan, and this matter in the process of preparation and planning and we work to implement it in the near future."
© National Iraqi News Agency 2014
