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 Iraqi ministry's stance on Kurdistan's oil contracts politically motivated

 Source : VOI
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Iraqi ministry's stance on Kurdistan's oil contracts politically motivated  12.1.2008



January 12 2008

BAGHDAD, -- A Kurdistan Coalition (KC) parliamentarian said on Saturday that the oil ministry's decision to ban corporations that have signed contracts with the Kurdistan Regional Government (KRG) from investing in Iraq is a form of "political pressure."

"The oil ministry's repeated threats to prevent these companies from investment in Iraq are politically motivated," Abdul Khaleq Zanqana said.

Describing the ministry's handling of the situation as improper, Zankana called for resolving the issue through dialogue.

"The KRG's contracts with the foreign companies were made in accordance with the constitution," he explained, adding that all differences with the central government should be resolved by the federal court, not by means of threats.
 
An official spokesman for the Iraqi Ministry of oil, Aasem Jihad, said in statements to VOI on Friday that the ministry had invited foreign corporations to invest in the oil field in all Iraqi provinces,
www.ekurd.net including those in the Kurdistan region and in Kirkuk, but excluded the companies that have signed contracts with the region without a prior approval from the ministry.

The region had signed 15 contracts with 20 foreign oil corporations despite the central government's objection and ahead of the Iraqi parliament's final endorsement of a new draft law on oil.

Parliamentary debates on the draft oil & gas law were postponed more than once despite strong pressure from the United States on Iraqi parliamentary bloc leaders to accelerate a new law.

VOI  

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