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South Kurdistan oil & gas development
Topic Started: Nov 17 12, 1:25 (649,204 Views)
Kinematik
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Worldwar2boy
Feb 6 13, 2:34
I hope our government uses the money well for its people and don't put everything in their own pocket.

KRG should give away 5% of the oil money in cash to the citizens.
So 5% of what they earn divided by the number of citizens. So every citizen, babies, elderly etc. should receive an equal amount.

They will export 2 million barrels a day in 2017.

That is 2 x 365 = 730 million barrels a year

x 150 dollars (I am sure oil will cost a lot more by 2017) = around 110 billion

110 billion : 5,5 million KURDISH citizens (so foreigners shouldn't get anything, only CITIZENS of Kurdistan) = 20,000 dollars
: 100 x 5 = 1000 dollars

So every citizen should receive 1000 dollars cash money each year.

So a family with 5 people, 2 parents and 3 children, should receive 5000 dollars.
I think that is a nice amount of money, its just extra besides everything else they do with the oil money (higher salaries, social security, infrastructure, free education, free health care, etc.).

I think that is very reasonable :).
Hmmm...

KRG wont get 100% of the price for 1 barrel
Right now its 110$ for light oil and most kurdish oil is medium so say 100$

Then you have costs for taking it up from the ground and profit for the companys who are doing all the work, they have to pay the staff(many kurds) and so on

My guess is KRG will get about 55-75$ per barrel sold, or 55-75%
Edited by Kinematik, Feb 7 13, 12:37.
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Qandil
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Xoybun
Feb 7 13, 5:37
About the oil pipeline Kurdistan-Turkey, my father's cousin told me that they will finish the construction before summer, this year, it could be finished already, I'm not sure. He is the director of planning of reconstruction. I asked him how it is going with the piepline, he told me that they are boosting the construction, and it would be finished before summer. It's all I know about it.
Very interesting! Thanks Xoybun.

I hope you can ask him every month or then. Would be interesting to know the progress. :)
"Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn.
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Kinematik
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Karash
Feb 7 13, 5:37
About the oil pipeline Kurdistan-Turkey, my father's cousin told me that they will finish the construction before summer, this year, it could be finished already, I'm not sure. He is the director of planning of reconstruction. I asked him how it is going with the piepline, he told me that they are boosting the construction, and it would be finished before summer. It's all I know about it.
Yeah, thanks för info!

When did you ask him this?

Could you ask if they are building from both sides? Kurdish and Turkeys side i mean

When did they start?

Thanks again! Love this forum :)
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ALAN
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they started last year, they will or were suppose to finish by Oct.2013, but seems like KRG is in more hurry than us to get rid of i-rak so they can test their jets on each other rather than our areas outside of KRG at the moment, which will automatically be annexed to our state as our Peshmerga are heavily armed in them.
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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Kurdistan resumes Turkey truck oil exports

Feb 6 (Reuters) - Kurdistan has resumed exports of oil on trucks through Turkey after a two-week halt, industry sources said, a growing trade the central government in Baghdad sees as illegal.

Exports of crude and condensate from the northern autonomous region rose to around 30,000 barrels per day (bpd) before being stopped in mid-January to improve the system for monitoring and metering shipments, the sources said.

"The trucks have started to load small quantities of crude and condensate," said a source with knowledge of the operation.

Oil exports and contracts are at the heart of a wider dispute over territory, oilfields and political autonomy between Baghdad's Arab-led government and Kurdistan, where ethnic Kurds run their own regional administration.

The Kurdistan Regional Government (KRG) halted exports through the Baghdad-controlled Iraq-Turkey pipeline in December in a dispute over payments to oil companies operating in Kurdistan.

Baghdad insists it alone has the sole right to export oil.

The KRG early last month gave permission to Genel Energy to begin direct export of crude to Turkey from the Taq Taq oilfield. Shipment of condensate, a form of light oil, from the Khor Mor gas field began last summer.

Iraqi Oil Minister Abdul Kareem Luaibi said the ministry intended to sue Anglo-Turkish Genel Energy and other companies for the export of crude from South Kurdistan.

Ashti Hawrami, the KRG's Natural Resources Minister said exports from the northern region, when restarted, would rise to around 20,000 bpd of crude and 10,000-15,000 bpd of condensate.

The central Iraqi government in Baghdad has repeatedly stated that it considers independent exports from the KRG as smuggling.

The KRG views these exports as part of its 17 percent entitlement to consume oil in Iraq and says the central government does not provide the northern region with enough oil products such as motor fuels.

Around five cargoes of condensate have already been exported to international oil companies from the Toros terminal near Ceyhan in Turkey.

So far, buyers of Kurdish condensate have faced few repercussions from Baghdad, with one notable exception - trading house Trafigura, which was banned from Iraq in December.

Taq Taq crude oil is being routed to the Turkish port of Mersin and it could take up to two months to build up enough crude to fill up an oil tanker, said an industry source.
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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^^ thanks. (EIC) UK group company is in KRG to sign a deal with oil department. eic consists of 8 different companies that will be providing services to the oil companies in KRG, like facilities, equipments, tools, exploration maps, GPS, oil trucks, cranes, etc...

Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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* Building oil pipeline through Turkey continues

* 50 foreign oil companies operating in Iraqi Kurdistan

* 8 more companies to operate in Kurdistan Region

Posted Image

February 7, 2013

ERBIL-Hewlêr, Kurdistan region 'KRG',— The Minister of Natural Resources in Kurdistan Regional Government, Ashti Hawrami described on Thursday, Baghdad threats to foreign companies operating in Kurdistan as useless and unconstitutional, while confirmed that it affects Iraq's reputation because it makes companies escape from them and resort to Erbil.

Hawrami said in a press conference held in the ministry building in Erbil after meeting the General British Consul in Kurdistan Region, Leofans and the representative of Eic British company that "50 foreign companies are currently operating in the region and invested between 15 to 20 billion dollars and are searching for oil and gas, "pointing out that "threats from the Iraqi government are unconstitutional and no one cares about the useless threats that affects badly the reputation of Iraq abroad because companies run away from Iraq and are turning to us".

On the issue of Exxon Mobil , the minister pointed out that "I do not want to talk about the issue of this company," adding that "if we read the statements of its officials two years ago , we would know that they affirm on their commitment to work in the region and the situation remains as it is nothing has changed."

For his part, the official of the British company, Terry Warez said that "We are optimistic to work here in Kurdistan," adding that "the companies that we represent don’t work in the oil field production but provide services to these companies to continue to work on drilling, production, export and transport fields."


Building oil pipeline through Turkey continues

Also Hawrami said on Thursday, that KRG is continuing in building the oil pipeline from the region through Turkey, describing it as the right of the region to get 17% of the petroleum products.

The Kurdistan Regional Government (KRG) Minister of Natural Resources, Ashti Hawrami said on Thursday that eight more oil companies are due to operate in the northern autonomous region.

Hawrami said in a press conference held in the ministry building in Erbil after meeting the General British Consul in Kurdistan Region, Leofans and the representative of Eic British Company that the companies are from England and all would operate under the British company.

Hawrami said in the press conference "we will continue to build the oil pipeline to abroad via Turkey."


Hawrami added that "it is the right of the region to get 17% of the petroleum products through the export of crude oil abroad."

"This British company is currently searching in the region for job opportunities in the oil and gas field."

Copyright © shafaaq.com, PUKmedia, kurdpress
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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iraq de bxo derdt bêt xD , the big boy is going nowhere sorry milki

ExxonMobil announces plans to form an operating in South Kurdistan

Posted Image

[18:09] 13/Feb/07

PNA - (meed.com ) ,After more than 15 months, ExxonMobil has finally taken its first tentative steps towards upstream development in the semi-autonomous South Kurdistan.

In late 2011, the company signed exploration and production sharing contracts for six blocks in the region. Since then, it has been attempting to balance its interests with the Oil Ministry, which includes the development of one of Iraq’s largest oil fields, and with the Kurdistan Regional Government (KRG). Baghdad has made it clear that it will not tolerate the firm working for both sides.

But the US firm is now signing further agreements for land to build a base camp for operations and applying for work permits in Kurdistan. Upstream drilling work could begin soon, which would make the firm’s choice of preferred partner clear.
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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Kurdistan presses on with oil pipeline to Turkey despite U.S. fears

February 7, 2013

ERBIL-Hewlêr, South Kurdistan 'KRG',— Kurdistan will press ahead with building its own oil export pipeline to Turkey, the region's energy minister said on Thursday, despite U.S. objections due to fears the project could lead to the break-up of Iraq.

The autonomous Kurdistan region is locked in a turf war with the central government in Baghdad over how to exploit Iraq's hydrocarbon riches and divide up the proceeds.

Baghdad says it alone has the authority to control exports of the world's fourth largest oil reserves, while the Kurds say their right to do so is enshrined in Iraq's federal constitution, drawn up following the U.S.-led invasion of 2003.

"We want to have an oil pipeline to ourselves," Kurdish Minister for Natural Resources Ashti Hawrami said at a news conference in the regional capital Erbil. "It is currently in the works and we will continue until it is completed."

Crude from the South Kurdistan used to be shipped to world markets through a Baghdad-controlled pipeline to Turkey, but exports via that channel dried up in December, from a peak of around 200,000 barrels per day (bpd) due to a row over payments with Baghdad.


The United States says the solution lies in a national hydrocarbons law that has been delayed for years by a power struggle between Iraq's Sunni, Shi'ite and Kurdish factions, which has intensified since U.S. troops withdrew a year ago.

"The Iraqis have been struggling to pass a hydrocarbons law. It is very important that they succeed in that," U.S. Ambassador to Turkey Francis J. Ricciardone said in Ankara on Tuesday.

Reluctant to wait, Kurdistan has been looking to resource-hungry Turkey for answers. A broad energy partnership between them ranging from exploration to export has been in the works since last year.

Majority Sunni Turkey's deepening ties with the South Kurdistan in northern enclave have heightened tensions between Ankara and the Shi'ite-led government in Baghdad.

"If Turkey and Iraq fail to optimise their economic relations... There could be more violent conflict in Iraq and the forces of disintegration within Iraq could be emboldened," Riccardione said.

Kurdistan is already bypassing the federal pipeline network by trucking small quantities of crude over the Turkish border in exchange for refined oil products.

"The issue is that we are entitled to 17% of (Iraq's)refined products, but the central government sends us only 3% and our refining capacity is not enough to satisfy domestic demand," Hawrami said.

(Reporting by Isabel Coles in Erbil and Nick Tattersall in Ankara; Editing by Anthony Barker)

Reuters
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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ALAN
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Quote:
 
"The issue is that we are entitled to 17% of (Iraq's)refined products, but the central government sends us only 3% and our refining capacity is not enough to satisfy domestic demand," Hawrami said.
Now i know why KRG never built a massive refinery (which they can easily) but only build medium ones, they were accounting for such a day so that they can use this as a card to export our oil.

once again KRG wins! xD
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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purearch72
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Alan
Feb 8 13, 4:21
iraq de bxo derdt bêt xD , the big boy is going nowhere sorry milki

ExxonMobil announces plans to form an operating in Kurdistan Region

Posted Image

[18:09] 13/Feb/07

PNA - (meed.com ) ,After more than 15 months, ExxonMobil has finally taken its first tentative steps towards upstream development in the semi-autonomous Kurdistan region of Iraq.

In late 2011, the company signed exploration and production sharing contracts for six blocks in the region. Since then, it has been attempting to balance its interests with the Oil Ministry, which includes the development of one of Iraq’s largest oil fields, and with the Kurdistan Regional Government (KRG). Baghdad has made it clear that it will not tolerate the firm working for both sides.

But the US firm is now signing further agreements for land to build a base camp for operations and applying for work permits in Kurdistan. Upstream drilling work could begin soon, which would make the firm’s choice of preferred partner clear.
I don't get why people are making articles of BP vs Exxon. Not only is exxon the biggest oil company in the USA, but its the richest company in the world it passed Apple inc.
Geliye Qasumlo
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ALAN
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^^ !!
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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purearch72
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Alan
Feb 8 13, 12:58
^^ !!
http://en.wikipedia.org/wiki/List_of_companies_by_revenue

BP is also in big trouble after oil spill they have to pay billions and they are still getting sued by people. The cost of BP to fix it will cost up to 90 billion they already paid 40 billion.
Edited by purearch72, Feb 9 13, 7:31.
Geliye Qasumlo
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ALAN
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How is BP related to this topic at all? Do they work in Kurdistan !!
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Kinematik
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Alan
Feb 9 13, 3:54
How is BP related to this topic at all? Do they work in Kurdistan !!
Alan


:angry
http://mobile.reuters.com/article/idUSL6N0AN19020130118?irpc=932

http://online.wsj.com/article/SB10001424127887323468604578247013430825632.html


The Turkey pipeline, Do you know where loading will be done? Where does it begin? How far from my precious atrush field?
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ALAN
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I know BP is NOT working in Kurdistan thus I don't care about them or what they do. KRG will not let em dig new oil fields, KRG is waiting for the 80 plus years oil fields from Kirkuk to dry up so it can kick out the so called NOC created by saddam.

Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Qandil
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Kinematik
Feb 9 13, 5:27
Alan
Feb 9 13, 3:54
How is BP related to this topic at all? Do they work in Kurdistan !!
Alan


:@
http://mobile.reuters.com/article/idUSL6N0AN19020130118?irpc=932

http://online.wsj.com/article/SB10001424127887323468604578247013430825632.html


The Turkey pipeline, Do you know where loading will be done? Where does it begin? How far from my precious atrush field?
I'm not surprised one bit, that it is a British company. Really, these Brits worked against us 100 years ago and still to this day! Seriously, kick BP out and do NOT work with them. Clearly, they have an agenda against the Kurdish nation. This time they won't succeed though.
"Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn.
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ALAN
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BP is NOT in KRG only in Iraq and they are Iraqi lovers and they can stay so. But they wanted to dig "new" oil fields in Kirkuk which we did not allow, they can look for what ever they want in Hawija but the rest of Kirkuk will not happen, it's under KRG control and awarded to ExxonMobil. Iraq is allowed to take oil from Kirkuk "old" oil fields that were discovered 80 plus years ago and that's it.

Edit: these old fields are drying up and once they are we will kick out NOC which is stealing these old field's oil.
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Kinematik
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What Do you think about this?

Are they trying to get Bagdad to fix a hydrocarbon law that KRG will accept?

I dont think they are trying to stay in iraq and leave kurdistan.. I think they want both



 
Exxon Mobil has hired a former U.S. ambassador to Iraq James Jeffrey as a consultant, diplomats. Photo: Ekurd.net/Getty/Reuters
 • See Related Articles February 9, 2013

IRVING, Texas,— Exxon Mobil has hired a former U.S. ambassador to Iraq as a consultant, diplomats and industry sources said, as the U.S. major faces a dilemma over whether to operate in the south of the country or honor its deals with the autonomous Kurdistan region.

Iraqi Prime Minister Nuri al-Maliki last month made Exxon an offer in a bid to woo back the company, which had seemed intent on pulling out of the $50 billion West Qurna 1 oilfield in the south under the central government's jurisdiction.

The substance of Maliki's offer to Exxon is not known, but industry sources describe it as substantial and say it is likely to involve much sweeter contract terms. The condition is that Exxon quit the northern Kurdish region.

It was unclear whether James Jeffrey was hired specifically to handle the dilemma and its fallout, but industry sources and diplomats said it was likely to work in the central government's favor.

"He probably has better relations in Baghdad than in Hewlêr ," said a former U.S. diplomat on condition of anonymity.

Since signing for six blocs with the Kurdistan regional government in 2011, Exxon has put itself on one of Iraq's deepest faultlines: between the northern enclave and Baghdad, which says only it has the authority to grant oil contacts and control crude exports.

The Kurds argue their right to their own oil policy is enshrined in the country's federal constitution, drawn up following the U.S.-led invasion of 2003.

Iraqi oil officials and Kurdish politicians have said publically they are certain Exxon will choose them over the other.

Baghdad has the advantage of pursuing a goal aligned with the foreign policy of the United States, which has actively discouraged the KRG from pursuing its own oil policy, fearing it will precipitate the break-up of Iraq.

Tensions between Iraqi Kurds and the Shi'ite-led government are such that both sides deployed their respective armies to reinforce positions along their disputed internal border last year.

U.S. officials say the solution lies in a national oil law that has been caught up for years in a power struggle between Sunni, Shi'ite and ethnic Kurdish factions,www.ekurd.net which has intensified since U.S. troops withdrew in December 2011.

The head of Iraq's parliamentary oil and energy committee told Reuters in an interview on Thursday that passing legislation to govern the world's fourth largest oil reserves was "at the bottom of the government's list."

"Exxon's made some big hires to patch up mistakes, which could indicate they may be willing to scale down in Kurdistan" another diplomatic source told Reuters.

As the first major oil company to risk Baghdad's ire by venturing north, Exxon afforded the Kurds a victory in their ongoing turf war with the central government.

Although it would be a symbolic blow if Exxon left, the region is now host to a number of other majors such as Total , Russia's Gazprom Neft and Chevron Corp , and is determined to get greater energy autonomy.
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ALAN
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Yeah they want both but they have already started work in Qara Hanjir block.

If milki doesn't give Exxon more lucrative deals then they are happy staying in KRG :)
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Kinematik
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Alan
Feb 10 13, 3:29
Yeah they want both but they have already started work in Qara Hanjir block.

If milki doesn't give Exxon more lucrative deals then they are happy staying in KRG :)
Yeah ive read they started but maliki wont allow them working in both right now, dont you think Exxon hired theese people to talk some sence into maliki? Companys should be able to work where ever they want
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ALAN
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Well that is what a Kurdish MP said too, as long as KRG is officially part of iraq, companies can work where ever they want , there is no such constitutional article that prevents a company from working in two different regions, since the constitution itself allows more federal regions to be created apart from KRG, iraqis are violating their own constitutions on not daily basis, but minute basis. and Exxon knows this thus they dont care about the barks cos if iraq was right! they would take Exxon to an international court to sue them but they cant sicne what iraq is doing is unconstitutional.

iraq basically wants Kurdistan to have 0 oil infrastructure till we separate!!. lol really this is not going to happen and kurds are not that silly yo wait for that, you must work your way up, thus we are building our gas and oil pipelines so if iraq decides to cut our budget or stop giving Kurdistan refined oil completely then Kurdistan will not have an issue and it will be self-reliance in oil infrastructure
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Kinematik
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Hewlêr and Ankara to sign a strategic agreement

Sunday, 10 February 2013, 08:40 GMT

The Kurdish Globe
Kurdistan is safe, which has prompted international investors, and the KRG has been very keen on encouraging new businesses to start-up.

The Iraqi Prime Minister Nouri al-Maliki has tried to persuade the American oil giant Exxon Mobil to withdraw from Kurdistan and resume its investment in the West Qurna 1 field, which is under the control of Baghdad. Exxon's CEO Rex Tillerson met the Iraqi Prime Minister in January, but has not made any promises, and met with South Kurdistan's President Massoud Barzani in Zurich, Switzerland the next day, where he reiterated his company's commitment to its contracts with the Kurdistan Regional Government (KRG). In a report published by Reuters on the development of South Kurdistan in the oil and gas industry, Exxon Mobil lawyers and top executives have been examining their decision which could change the balance of power in Iraq if they pull out of Qurna 1 oil filed in Southern Iraq.

Exxon Mobil's entry into South Kurdistan's oil sector has had an significant impact on the development of this region. It consequently encouraged several other oil giants to sign agreements with KRG for exploring oil, including French giant Total, Russian giant Gazprom and American giant Chevron.

Safety and Stability in Kurdistan

South Kurdistan is safe, which has prompted international investors, and the KRG has been very keen on encouraging new businesses to start-up. This is in contrast to Southern areas of Iraq, where there is no security or safety for workers. Unfortunately the Iraqi government has not played a positive role in attracting international oil companies to help develop the poor economic infrastructure of this war torn country. Consequently, oil giants have been more keen to sign contracts with South Kurdistan, as opposed to central and Southern parts of Iraq.

Oil autonomy

During the last few years, South Kurdistan has been relatively autonomous in the energy industry, Reuters reports. This autonomy and development in Kurdistan has even pushed Exxon Mobil to sacrifice its contracts in the south for the sake of having consistent and fast development with a promising energy industry in the region. An energy expert argues that signing an agreement with Exxon Mobil was a big step towards developing South Kurdistan, and since the agreement this region has changed dramatically. According to the report by Reuters, South Kurdistan is very rich in oil and gas resources. This has attracted many international energy companies, with many other companies eyeing the region for future investments. The question now has become, how Kurdistan can export its oil rather than whether it has the ability to produce oil.

Kurdistan will not wait for Baghdad

Until recently Kurdistan's oil was exported via a pipeline that is controlled by the central government. However, this line of export was put on hold last month due to Baghdad's refusal to pay oil companies' fees. Reuters reports that KRG authorities will not wait for Baghdad any more, and as a result they have started to export crude oil to Turkey and get refined fuel products in return. Although the volume of exports is small but as per Reuters it is an indication for reaching greater goals in the future, and according to an energy expert "Kurdistan has reached a point in oil and gas sector, where it would not return back and the KRG would no longer support a centralized oil and gas policy".

Erbil-Ankara Relations

Erbil-Baghdad ties have almost reached a deadlock since last year, while KRG has strengthened its ties with neighboring Turkey over the months. A diplomat who is aware about the talks between Hewlêr and Ankara has said that the two parties are about to sign a very large agreement covering all major energy aspects. The agreement is expected to cover all aspects of exploring and producing Kurdistan's oil by Turkish companies, marketing and exploring the Region's oil and gas to Turkey. In the future this could lead Kurdistan to world markets through Turkey. However, in the present South Kurdistan will no longer be dependent on Baghdad for oil exports. Consequently Turkey would not depend on Iranian or Russian oil and gas either.

Revenue independency

Reuters report argues that exploring oil is a great success for the Kurds since the region would receive the revenues of its oil exports directly and it would no longer depend on its 17% share in the Iraqi budget as the only source of revenue for the region. Robin Miles, an exports at the Manarco consultancy company states that, "Assume that Kurdistan exports 1 million barrels of oil per day; the revenue of this export would be much more larger than the budget shares it currently gets from the central government".

Relations get balanced

Commenting on the ties between Kurdistan and Turkey, a senior KRG official says that Turkey has a significant impact on the economic development in Kurdistan. The KRG official argues that "When we start exporting oil and gas, everything would change, and our relations would reach a complete balance". Reuters also says that the Turkish government is eagerly working towards improving ties between Ankara and Hewlêr . Selahattin Cimen, Deputy Energy Minister of Turkey says "cooperation between the KRG and the Turkish government for exporting oil to world markets would strengthen the relations that already exist between us."

http://www.kurdishglobe.net/display-article.html?id=D5A79E13FE22F4345BF5EFE77E1F1EFB

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ALAN
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good article nothing new in it though :D
Russian Girenak Joseph, who visited Kirkuk in Kurdistan as a part of his tour throu the 1870 - 1873 AD, who published the results of his trip & his studies later in 1879, in the 4th volume in the Bulletin of the Caucasus department of the Royal Geographical Russian Society estimated Kirkuk's population as many as 12-50,000 people, & he emphasized that except 40 Christian families, the rest of the population were Kurds. As for The Turkmen & Arabs, they have not been already existed at the time.
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Kinematik
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Alan
Feb 10 13, 8:54
Good article nothing new in it though :D
True... I wanna see signed documents :D

Have you seen this? Found it today

http://www.youtube.com/watch?v=VA8CClbp3ys

Start from 24 minutes when Genel ceo talks and then its hawrami after :)
And the guy that Exxon has hired is also talking, Jeffrey

Ps: does anyone know where The KRG pipeline Will start in kurdistan?



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