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| South Kurdistan oil & gas development | |
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| Tweet Topic Started: Nov 17 12, 1:25 (649,197 Views) | |
| Kinematik | Mar 30 13, 9:07 Post #401 |
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"AT3 well was spudded on 26th of march, estimated time to TD, 50 days." That Will do just fine |
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| Qandil | Mar 30 13, 9:54 Post #402 |
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What's TD? |
| "Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn. | |
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| davidh | Mar 30 13, 10:32 Post #403 |
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Dewran - TD is target depth. Shaikan probably contains well over 20bn barrels, maybe 30bn+ BahBAhBlackSheep is a petrophysicist and his description of what may be in Shaikan and also GKPs other blocks is well worth reading. I am sure similar volumes can be considered at Atrush, AL Qush, Ain Sifni too.... no doubt Exxon, Hunt, Afren, Shamaran/TAQA will enjoy their drilling program. http://dalesmann.com/bbbs-gkp-nav-updated-cheap-at-half-price/ it has I don't think GKP have released info on their fracture report that they have done at SHaikan but it has been submitted to them. I have heard Chevron have the back in rights here but it is only a rumour......the time's they are a-changing (for the better!). |
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| Qandil | Mar 30 13, 11:07 Post #404 |
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Thanks! Kinematik, I have updated the page. http://en.wikipedia.org/wiki/Atrush_Field |
| "Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn. | |
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| ALAN | Mar 30 13, 12:29 Post #405 |
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Exxon Mobil in Kirkuk for oil exploration Despite the persistent tensions between the central government and Kurdistan Regional Government, of which a part is associated with oil, the KRG is currently attempting to extend its oil industries to Kirkuk. The administrations of the Qara hanjir sub-district of Kirkuk announced that Exxon Mobil will start oil exploration beginning in March as delegates of the company visited the sub-district for the first time. The administrator of Qarahanjir, Avesta sheikh Muhammad, told Mada Press “Delegates of Exxon Mobil headed by the company’s public relations officer visited the Qarahanjir sub-district on January 1 to meet the administration staff of the sub-district and for further evaluation of the region.” “Agreements between the company and the KRG are speculated, as the company will be carrying out oil explorations and extraction in some areas of Kurdistan,” Sheikh Muhammad added. “We expect the company to start its duties by March in the Qarahanjir, Qadir Karam, and Jabara sub-districts, as the development in the oil industries will further benefit Kirkuk, Kuristan, and Iraq,” he added. Qarahanjir, which is one of the disputed territories, lies to the north of Kirkuk between the cities of Kirkuk and Sulaymaniah. The administration staff of the sub-district is appointed by the KRG. Analysts think that this attempt of the KRG for extending their oil industries in the disputed territories to be a response for the central government, as the Iraqi Minister of Oil Abdulkarim Li’eby has previously announced that they have initial agreements with the British BP company for developing of the Northern Kirkuk oil fields which struggles with a low production output. The announcement sparked fierce reactions by the Kurdish officials, who warned the British company to stay out between the political conflicts between Baghdad and Erbil. 3717 In an interview with the BBC, the Kurdish Minister of Natural Resources, Ashti Hawrami said “The South Kurdistan is in no need for permissions from the central government regarding their financial and economical developments, as the Iraqi constitution has granted Kurdistan all the rights to do so.” “We are about to build an oil transport pipeline system to Turkey without even telling the central government about it,” Hawrami added. Kirkuknow |
| 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 | Mar 30 13, 6:28 Post #406 |
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Thank you Dew! You could add also that KRG has used its option and taken 25% of atrush acording to the PSC. They did this on march 12th according to SNM year end results. http://shamaranpetroleum.mwnewsroom.com/press-releases/shamaran-2012-year-end-financial-and-operating-res-tsx-venture-snm-201303150860336001 So new numbers are TAQA 39,9% KRG 25% SNM 20,1% Marathon 15% |
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| Qandil | Mar 30 13, 9:26 Post #407 |
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I'll PM you. |
| "Kurdino! Bibin yek; eger hûn nebin yek, hûn ê herin yek bi yek." - Cigerxwîn. | |
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| ALAN | Mar 30 13, 11:58 Post #408 |
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Turkey PM confirms talks with South Kurdistan on energy deal 30.3.2013 http://www.ekurd.net/ |
| 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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| Halo | Mar 31 13, 4:58 Post #409 |
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Têkoşer
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I don't get US, if turkey would start importing gas from KRG instead of iran then that would just be better for their sanctions against Iran. The money iran get from exporting gas to turkey would be decreased heavily. Not only that, turkey wouldn't be so dependant on iran and russia for gas aswell. |
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| Deleted User | Mar 31 13, 5:37 Post #410 |
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Not only turkey,heval. Europe would be less dependent on Russian gas if we get to sell our energy sources to them (which will probably happen in the near future). I heard that US is even against that. They want to keep us part of i-rack,and the best way to do that is to keep us economically dependent on baghdad. |
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| Worldwar2boy | Mar 31 13, 5:49 Post #411 |
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shizz I should start buying cheap land in Kurdistan, there might be oil in it lol. |
| biji kurd u kurdistan !! | |
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| ALAN | Mar 31 13, 10:44 Post #412 |
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90 years ago oil was the reason Kurdistan was divided, now its oil that will buy our occupied state back for us starting from South then West and the rest over time. EU wants our oil and gas US will eventually give in, they just dont want Kurdistan to dump shithole i-rack yet that is all it is, its just a matter of time the pipelines are completed and i-rack is dumped. |
| 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 | Apr 1 13, 1:23 Post #413 |
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Now southern i-rack Will build a pipe to Turkey haha, but its liar liar lulabi who said it so its just bullshit i guess http://www.todayszaman.com/news-311304-baghdad-offers-to-build-basra-ceyhan-pipeline-minister-says.html |
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| ALAN | Apr 1 13, 1:29 Post #414 |
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usual BS talks |
| 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 | Apr 1 13, 1:40 Post #415 |
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But what does this mean? "uaibi offered a pipeline that would extend from Basra to the north and Ceyhan and we said we could agree. We will begin the project when our i-racki counterparts are ready," Does he mean thru kurdistan up north or southern i-rack north? |
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| Burnsss | Apr 1 13, 1:43 Post #416 |
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To late milky boy the deal with Turkey is done. Notice the persian terrorist media going crazy and barking about Israel haha. Also remember that so called i-racki oil ministry is another bagdad bob. The whole ministry is corrupted wasting billions and spreading lies. |
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| Burnsss | Apr 1 13, 2:05 Post #417 |
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Of course they would build it outside kurdish areas since they hate kurds and dont want pipelines on kurdish soil. But you have to listen what Turkey says they want to "work in all of i-rack" that means they will invest in pipelines in krg against i-racki wishes. Of course Turkey will also build pipelines to basra but thats not the problem. The i-racki chauvinist oppose any pipelines on kurdish soil. |
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| Kinematik | Apr 1 13, 2:13 Post #418 |
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Ok I just hoped Bagdad could wake up and start doing things smart and good for i-rack economy But they apear to still be retarded... Edited by Kinematik, Apr 1 13, 2:13.
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| Burnsss | Apr 1 13, 2:39 Post #419 |
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They did not build a single refinry nor pipeline in kurdistan since i-rack was established. They built in kirkuk after moving arabs there. They are simple imperialist racist. Shia arabs were supposed to be our brothers... they wont even let KRG have pipelines they want them all be on same place far from kurds separated by tigris. Pure racism |
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| FeyliKurd | Apr 1 13, 7:19 Post #420 |
Alîşerwanî
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Dana Gas says collects $73.7 million from Egypt and Kurdistan http://economictimes.indiatimes.com/news/international-business/dana-gas-says-collects-73-7-million-from-egypt-kurdistan/articleshow/19304005.cms Edited by FeyliKurd, Apr 1 13, 12:47.
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From Erzingan to Îlam From Gire Spî to Agirî Kurdistan will be free | |
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| ALAN | Apr 1 13, 10:30 Post #421 |
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lol you are spot on he is another 3luch |
| 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 | Apr 1 13, 10:34 Post #422 |
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kinematik i-rack cant build pipeline to turkey via where syria? they will not be allowed to make such thing via kurdish lands from SK. their existing pipeline is 80 + years old they can renovate it all they want but the bit that goes throu SK will not be touched. this guy is way too delusional to make a serious comment on him, he is just another baghdad bob like burness say or another mr 3luch to be precise. |
| 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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| FeyliKurd | Apr 1 13, 1:24 Post #423 |
Alîşerwanî
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South Kurdistan's looming 'oil showdown' The diplomatic war of independence between i-rack and its northern region Kurdistan is escalating rapidly, with the flashpoint for armed conflict being the Kirkuk oilfield on the boundary between the two sides. While both sides have pulled back some of their troops poised for conflict recently, 2014 could be decisive as South Kurdistan plans to ramp up exports directly to Turkey, bypassing Baghdad. Neither side wants an armed conflict, but the momentum may be irreversible. Which makes it surprising that junior Kurdistan explorer WesternZagros, (WZR-TSXv) hasn’t seen their stock impacted at all—in fact, they just raised over $100 million at a premium to develop their oil assets only kilometers away from Kirkuk. The question moving forward is whether small companies like WesternZagros will be able to survive a potential war with their frontline assets intact, or whether they will look to cash in on some impressive exploration success and let the majors take the heat. The Prize is huge—WesternZagros has 1 billion barrels in reserves already, but step-out drilling on their Kurdamir asset could prove the field up to between 10-20 billion barrels. That trumps the increasing political risk—even when that risk could be an all-out armed conflict over Kurdish independence. The biggest confirmation of this is the $123 million investment WZR secured earlier this month from Houston-based Crest Energy International. The deal gives Crest 51,000,000 common shares in WZR, or about 19.8% of the company. For another 10% of outstanding shares in a secured loan agreement, Crest will also loan WZR $57.5 million to further exploration and development activities in Kurdistan. Exactly what has spurred this massive investment optimism? It’s a combination of drilling success and geopolitical forecasting. ![]() In terms of drilling success, two major discoveries at Sarqala and Kurdamir in southern Kurdistan late last year have quadrupled WesternZagros’ reserves to 1 billion barrels. Now it’s got the capital to fast-track the delineation of these discoveries. That’s already happening: In late February, WZR spudded its Kurdamir-3 appraisal well. 3 more wells will be drilled this year in the Garmian block. High-impact exploration is about to get underway in the Baram and Hasira prospects. Baram-1 could prove to extend Kurdamir discovery into the Garmian block—making it one of the world’s largest. In terms of geopolitics, a bit of digging around into Crest paints an interesting picture. The US supermajors maintain a strong interest in i-rack’s non-Kurdish oil holdings, so Washington isn’t keen to prop up the Kurds against Baghdad and ignite an armed conflict for Kurdish independence. But private actors see things differently. Crest is run by a Syrian Christian who has Republican backing and a keen interest in seeing WesternZagros make good on its finds. Like all the other players on the South Kurdistan scene, Crest is hedging its bets that the Kurds have the upper hand here. Europe and Turkey agree, and they are homing in on Kurdish oil and gas—as Europe is desperate for supplies and Turkey aspires to become a major energy hub that bridges the Middle East and Europe. The Latest Escalation—Budgetary Warfare Baghdad has refused to pay outstanding debt for exports of KRG-produced oil through pipelines controlled by the central government since May 2011. Baghdad is refusing to pay up because the KRG has been cutting unilateral deals with foreign oil companies (ExxonMobil, Total, Chevron) and attempting to export oil and gas directly to Turkey, bypassing the central government. The Kurds are cutting Baghdad out of the equation because they need refined oil products; but the move also inches them towards independence. The KRG and Turkey initiated direct crude swaps in return for refined oil products when they were cut off from i-racki funding. It’s a tit-for-tat game that has seen Baghdad threaten to revoke the licenses of the supermajors who have had the bravado to strike unilateral deals with KRG and the KRG cut off exports to Baghdad. Baghdad’s latest maneuver was to nearly cut the Kurds out of the federal budget. The $119 million budget for 2013 was passed on 7 March. The Kurds only got $646 million of the $3.5 billion they requested. Not only does Baghdad still owe some $3.5 billion to foreign companies operating in the KRG for PAST exports, the new budget means the Kurds can only cover about two months of new crude payments to foreign companies. So even if production is ramped up in South Kurdistan, the only way to pay for it will be to ensure direct access to Turkey. For WesternZagros it’s not an issue—for now. The Company has not declared commerciality, and when it has produced, it has been on the basis of extended well testing. WZR Investor Relations Manager Lisa Harriman told OGIB that the i-racki budget was “very anti-Kurd”. “The budget is one of the most anti-KRG documents to be produced by the i-racki government – a clear result of the exclusion of the Kurds from the final deal-making. Though 17% of federal revenue is still allocated for monthly block transfers to the KRG, there are a number of punitive measures for the Kurds. Federal strategic expenses, including the military, keep getting larger every budget and, as the 17% monthly payments are calculated after these are deducted, Hewlêr ’s share continues to shrink,” Harriman said. That’s why the Kurds and the Turks are cautiously experimenting with trucked exports from Kurdistan to Turkey, independent of Baghdad. From the Kurds point of view, they are in full compliance with the constitution. Certainly Baghdad has backed itself into a corner. By law, the Kurds are to receive 17% of ALL i-racki oil export revenues. That’s a massive amount of money—much more than it would get by exporting to Turkey. By refusing to pay up, and then largely cutting the Kurds out the budget, Baghdad has essentially removed one of the last carrots keeping Hewlêr in line. It’s easier to give up 17% when you’re not getting it anyway. But there is one more thing keeping the Kurds from that game-changing move: They need to bring the strategically important city of Kirkuk under their control. Kirkuk is home to i-rack’s largest oil field and precariously nestled in the disputed territories right on the KRG’s border. In this political melee, WesternZagros has one potential bulwark against Baghdad: Russia’s Gazprom Neft owns a 40% interest in WZR’s Garmian block, and Russia seems to privy to the favor of Baghdad of late. Gazprom’s involvement in Kurdistan is a strategic one for Russia, and could be leverage for Kurdistan in dealing with Baghdad. Pipeline Warfare Right now Kurdistan is racing to cut as many production deals as possible to ensure it has enough oil to supply a 200,000 bopd pipeline to Turkey that should be completed by 2014. For now, this is where things stand: In June 2012, the Kurds began trucking crude oil directly to Turkish refineries, with the refined product trucked back into the KRG. Turkish companies are also discussing energy swaps with the KRG that could see natural gas pumped from the KRG to Turkish power plants and electricity produced in Turkey channeled back to South Kurdistan. Turkey’s Genel Energy is reportedly exporting around 20-30,000 bopd from Kurdistan’s TaqTaq field via truck directly to Mersin. And there’s more of that to come: Genel is planning another pipeline to ramp up exports to Turkey by 2014. This pipeline will link i-racki Kurd oilfields directly to Turkey, but it could also tie in to the Baghdad-controlled Kirkuk-Ceyhan pipeline. And there is also a plan in the works for a parallel pipeline that would supply several hundred million cubic feet of natural gas per day to Turkey annually by 2014. Turkey’s national oil company (TPAO) would be involved in this deal, under which it would acquire the rights to five exploration blocks in South Kurdistan. (Late last year, Baghdad tried to “persuade” Turkey not to go down this road by kicking TPAO out of an oil contract with the i-racki central government and handing it over to Kuwaiti Energy). This deal hasn’t been finalized yet. The Turks are stalling a bit, and i-racki officials are alleging that Ankara has promised not to go through with the deal. But again, Baghdad’s budget warfare will likely be the straw that breaks this camel’s back. There is a northern gas pipeline currently under construction that leads directly to Turkey, and the KRG’s Minister of Natural Resources has said it could be converted to handle oil. The Kurds are actively seeking pumps to convert this now and this pipeline could handle 200,000 bopd and potentially be operational by mid-2013. Bottom Line? This is the Definitive Year With the game-changing pipeline set to come on line by 2014, Kurdistan is forcing i-rack to decide—and decide NOW—if diplomacy or war is the answer. These pipelines could represent the point of no return, giving Kurdistan its own royalties and the capital to be truly independent if it chooses that option. As the definitive moment nears, WZR shareholders must decide—should they stay or should they go now? And how big is the window of opportunity. Source: http://www.mining.com/web/iraq-kurdistans-looming-oil-showdown/ |
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From Erzingan to Îlam From Gire Spî to Agirî Kurdistan will be free | |
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| ALAN | Apr 1 13, 2:47 Post #424 |
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there is no looking back I-rackies are blind and m3edies to see it now their lil noises is nothing but 3luching. |
| 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 | Apr 2 13, 8:33 Post #425 |
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Ultimatum? Pay the oil companys or we seek independence? Monday, 01 April 2013 22:28 | | | Baghdad (AIN) –MP, Firhad al-Atroushi, of the Kurdistani Alliance described the message of the Kurdish sides to the i-racki National Alliance as the last chance to solve the pending issues between Baghdad and Hewlêr . He stated to AIN “In case we do not realize any response towards this message from the other side, will take other decisions,” noting that “It is the last chance for INA to review its stances according to Hewlêr Agreement and to adhere to the constitution.” “The message focused on three principals that are the partnership, balance, and accord that were the bases of establishing the Government and the political process,” he added. “We do not accept INA’s response to be a long message or boring like the previous responses,” he concluded. /End/ http://alliraqnews.c...itical&Itemid=2 |
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1:46 AM Jul 12