Public Security chief launches digital vehicle plate wallet service    'Action is in our nature': 4th Saudi Green Initiative Forum to be held at COP16    Pop hit APT too distracting for South Korea's exam-stressed students    Saudi Arabia's inflation rate hits 1.9% in October, the highest in 14 months    Mohammed Al-Habib Real Estate Co. sets Guinness World Record with largest continuous concrete pour    PIF completes largest-ever accelerated bookbuild offering in MENA region    Saudi Arabia signs renewable energy program with Azerbaijan, Kazakhstan and Uzbekistan at COP29    Australia and Saudi Arabia settle for goalless draw in AFC Asian Qualifiers    Human Rights Watch accuses Israel of mass displacement in Gaza amounting to war crime    Thousands of protesters march in Paris ahead of tense football match between France and Israel    Republicans win 218 US House seats, giving Donald Trump control of government    UN sounds alarm at Israel's 'severe violations' at key buffer zone with Syria    Order vs. Morality: Lessons from New York's 1977 Blackout    Saudi, Indian foreign ministers co-chair Cooperation Committee meeting in New Delhi    South Korean actor Song Jae Lim found dead at 39    Don't sit on the toilet for more than 10 minutes, doctors warn    'Marvels of Saudi Orchestra' to dazzle audience in Tokyo on Nov. 22    Saudi Champion Saeed Al-Mouri scores notable feat in Radical World Championship in Abu Dhabi with support from Bin-Shihon Group    Rita Ora is tearful in tribute to Liam Payne at MTV Awards    France to deploy 4,000 police officers for UEFA Nations League match against Israel    Al Nassr edges past Al Riyadh with Mane's goal to move up to third    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Oil and Contradictions Between Irbil and Baghdad
Published in AL HAYAT on 03 - 10 - 2012

The statements by Iraqi Foreign Minister Hoshyar Zebari about his country's preventing overflights by Iranian aircraft carrying weapons to Syria, reflect a profound contradiction with the acts by his prime minister, Nuri al-Maliki, and his support for the Syrian regime and its close alliance with Iran. This contradiction between the minster and the head of the government appears elsewhere, in terms of oil and the economy, due to the conflict between the Kurdish Regional Government and the management of its capital Irbil, and the performance of the Maliki government and its deputy head, who is responsible for energy affairs, Hussein Shahristani. The latter is the closest individual to Iran in the Baghdad government. While Irbil has begun to attract international oil giants to explore in Kurdish areas, from Exxon Mobil to Chevron and France's Total, the fourth round of tendering for oil and gas in Iraq showed that it did not obtain leading producers, because the offers were not encouraging. Irbil is on its way to becoming the business capital, attracting many investors. A person who frequently visits Baghdad and Irbil says there is a big difference between the two cities; in Irbil, you arrive at the airport and quickly get your passport stamped, then go to the hotel, with no security complications or obstacles to slow you down. Arriving in Baghdad, however, is more difficult, because of the various formalities and the security situation.
Certainly, there are reasons for these conditions; American troops entered Iraq and dismantled the Iraqi military, while Kurdistan did not experience this destruction. The Peshmerga and Kurdish police remained intact, which kept the Kurdish region secure compared to Baghdad and other Iraqi cities. But in addition to these reasons, a type of agreement was concluded between Maliki and the Kurds who entered the government, but Maliki did not adhere to it. Only yesterday did the Maliki Cabinet decide to pay debts to the Kurds, as part of the sale, amounts of oil that had been produced from Kurdish areas by SOMO, the marketing firm for Iraqi oil. The KRG territory produces around 150,000 barrels a day, which is a small amount if compared to production in the south of the country, but the exploration that has been started by these giant companies in Irbil could turn the region into an oil-producing area worthy of interest by investors.
The Baghdad government's decision to pay the debts owed to the Kurds was due to American pressure; it was also the result of the moves by international oil giants, which took no notice of the Iraqi government's threats, and began moves to explore for oil in the Kurdish region. The central government's debt to the Kurds amounted to $840 million and because Maliki's government was not paying, Irbil ceased to produce oil; this led to US intervention for the return of production, provided that Baghdad pay. A meeting that led to the agreement between Iraq's oil minister, Abdel-Karim Laibi, and the KRG's oil minister, while Deputy Prime Minister Shahristani stayed away; he supported a hard-line stance on the Kurds, with no concessions. Baghdad's policy on the Kurds on the oil and economy front was a weak one, because Maliki did not adhere to the agreement between the two sides. Irbil's oil production was sold via SOMO, which was not paid the money. Baghdad claimed that Irbil was selling oil through smuggling, while in fact the KRG's oil production was halted and only small amounts were smuggled, because the primary production areas in Kurdistan were inactive. Kurdistan is currently a promising region and there is intensive activity by Turkish investors in Irbil thanks to Masoud Barzani, who traded peace with Turkey for Turkish investments and Turkish economic interest in Kurdistan. Meanwhile, Maliki and his ally Iran, and the Syrian regime, have done nothing good for the Iraq of tomorrow; they have instead delayed its recovery, increased its Arab isolation, and threatened its unity over the long term.


Clic here to read the story from its source.