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 Iraqi govt agrees on Kurdistan's budget, electricity and oil demands

 Source : KUNA | Al-Sabaah
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


Iraqi govt agrees on Kurdistan's budget, electricity and oil demands 3.12.2006 

 

The Iraqi government has agreed on most Kurdish demands including returning USD 482 million to Kurdistan

December 3, 2006

Baghdad
,-- The Iraqi government has agreed on most Kurdish demands including returning USD 482 million to Kurdistan autonomous region, increasing the region's stake in the national electricity network and holding a series of talks on the issue of oil investments, a Kurdish official said Sunday.

The minister of works and construction in Kurdistan Emad Ahmed told reporters that following talks with a Kurdish delegation, the Iraqi government has agreed to return to the regional government the amount of USD 482 million, which was earned from differences of oil selling prices in international markets.

In regards to the extreme power shortage in Kurdistan, Ahmed said the delegation met with Iraqi deputy premier Barham Saleh and the two sides agreed to increase the region's stake in the country's electricity network and to provide skilled engineers to supervise power stations.

Ahmed said the delegation would hold a series of talks with the Iraqi oil ministry and the central bank to place a new law on oil that would fulfill the demands of the Kurds regarding the crucial oil investment issue.

The oil issue has triggered disputes between Iraq's central and Kurdish governments where the former insists on controlling natural and mineral resources while the latter demands that resources in its territories remain under its control according to the Iraqi constitution.

The Kurds have prepared several issues to be discussed with the central government including the northern region's stake in the federal budget, oil laws in Kurdistan and the status of Kirkuk, claimed by the Kurds.

Al-Sabaah newspaper reported today, The Finance Minister Baqer Al Zubaidi discussed with Negervan Barzani Prime Minister of Kurdistan Region budget of the region of 2007 as Cabinet entitled the Minister to sign on Japanese loan before referring to the Cabinet

Discussion attended by Dr. Barham Saleh Deputy Prime Minister and Ali Baban Minister of Planning to hold strategic projects and form advisory committees to begin of applying projects in the Region.
 
On the other hand Zubaidi met with Japanese Embassy in Iraq Oiama Kotchi to discuss final steps of Japanese loan to Iraq to apply major projects by Japanese companies included in reconstruction

kuna net.kw | Alsabaah com

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