NOVA » May 23rd, 2014, 9:29 am Good Morning All, If I May,
In The Past Two Plus Weeks Have We Seen Anything Out Of Baghdad Saying Anything About This?
Because the Kurds Have Been Taking About Almost Every Day.
But In The Last Two Weeks We See The Kurds Say " We Will Support The New Government"
Why Is The Money Being Held In The Turkish Bank??????
I Could Talk About This For Hours and Hours!!!!! But All That Matters Is Something Is Happening On The International Stage That The Kurds Do Not Control.
Because If The Powers To Be Did Not What This Oil Sold Today Then It Would Not, No Matter What Baghdad Or The Kurds Want Or Don't Want!!!!!! Nova
CBC421: Never allow waiting to become a habit. Live your dreams and take risks. Life is happening now.
Iraqi Kurdistan govt statement on first oil sales through pipeline export
May 23, 2014
ERBIL-Hewlêr, Kurdistan region 'Iraq',— In line with its policy of implementing the 2005 Constitution of Iraq and helping Iraq achieve its oil production, export and revenue targets, the Kurdistan Regional Government (KRG) has completed the first sales of crude oil produced in the Kurdistan Region and piped to the port of Ceyhan.
A tanker loaded with over one million barrels of crude oil departed last night from Ceyhan towards Europe. This is the first of many such sales of oil exported through the newly constructed pipeline in the Kurdistan Region.
The revenue from the sales will be deposited in a KRG-controlled account in Halkbank in Turkey and will be treated as part of the KRG’s budgetary entitlement under Iraq’s revenue sharing and distribution as defined under the 2005 Constitution of Iraq.
Meeting Iraq’s continued international UN obligations, five percent of the sales revenue will be set aside in a separate account for reparations.
The KRG has invited independent bodies to observe the sales and export process in line with the KRG’s commitment to transparency. KRG also hopes that officials from SOMO (the federal Iraqi oil marketing organization) accept KRG’s invitation to observe the process.
The KRG will continue to exert its rights of export and sell oil independently of SOMO but remains committed to negotiate in good faith with its counterparts in Baghdad to reach a comprehensive settlement on oil issues within the framework of Iraq’s Constitution.
The KRG has worked tirelessly with its international partners and investors to create new pathways to prosperity and economic development for the people of Kurdistan and Iraq and is ready to become a reliable and stable source of energy both for its immediate neighbours and international markets.
Iraqi Kurdistan defies Baghdad, starts selling oil via its independent pipeline
First 1 million barrel cargo being loaded at Ceyhan, Turkey. Buyer still not known, funds from sale likely to be deposited in Turkey's Halkbank
May 23, 2014
ANKARA/ISTANBUL,— Iraqi Kurdistan started loading oil from its new pipeline for shipment from a Turkish port on Thursday, defying the Baghdad government, which claims sole authority over Iraqi crude and declares any independently sold oil as 'smuggled'.
The cargo of 1 million barrels of crude oil was being loaded on a tanker in the Mediterranean port of Ceyhan, Turkish Energy Minister Taner Yildiz told Reuters on Thursday.
"Loading will be completed today," Yildiz said, declining to name the buyer.
The sale is likely to infuriate Baghdad, which has been at loggerheads with the autonomous Kurdistan region over the sharing of oil revenues, and denounced Turkey's courtship of the Kurds, warning that steps towards Kurdish economic independence could threaten Iraq's sovereignty.
Baghdad has cut the region's share of the budget to punish it for building the new pipeline, and oil sales can provide the Kurdistan Regional Government (KRG) with desperately needed independent income.
Flows through the pipeline started last December, but Ankara had pledged it would wait for Baghdad and Erbil [Hewlêr] to resolve their differences before allowing independent oil exports.
After five months of talks and little progress, however, tanks at Ceyhan are now full with 2.5 million barrels of Kurdish oil, and Turkey decided there was no point in further obstructing exports, sources familiar with the sale said.
In late 2013, Iraq's Oil Ministry instructed a U.S. law firm to pursue legal action against any buyer of Kurdish oil.
Iraq's State Oil Marketing Organization (SOMO) issued a statement late on Thursday calling the loading of oil from Ceyhan "an illegitimate deed of the Turkish authorities".
It said that both the Oil Ministry and SOMO "reserve the right to take all legal measures against any company or entity" that loaded Iraqi crude from Ceyhan without Baghdad's approval.
Officials in Erbil could not immediately be reached for comment.
CRUDE FLOW CONTINUES
An official at the GAC shipping agency in Turkey confirmed that a tanker named United Leadership was loading piped Kurdish oil. Reuters AIS Live ship tracking showed the tanker had arrived in Ceyhan around May 20 and was berthed there.
Flows through the KRG oil pipeline have increased since early March while Iraq's federal oil pipeline, from the northern Kirkuk fields to Ceyhan, has been down, an industry source said. That freed up Turkish capacity to handle the Kurdish flows.
"Because the Kirkuk line was not working, KRG was able to pump around 100,000 barrels per day (bpd) at times, which filled up the storage tanks quickly," the source said.
KRG's new oil pipeline connects to the existing Iraqi federal pipeline on the Turkish border.
The industry source said the flow in the KRG pipeline continued as the export cargo was being loaded in Ceyhan.
Another source said the payments for the exports were likely to be deposited with Turkey's Halkbank.
Iraqi Kurdistan began selling its oil independently of the federal government in 2012, transporting a small trickle of condensate and then, in 2013, small quantities of crude through Turkey by truck.
A Turkish company called Powertrans has acted as broker for the Kurdish government, selling the oil via tenders to traders.
Last week, Reuters reported that Israeli and U.S. oil refineries had imported small cargoes of crude oil from the region.
The sales may have immediate political consequences as Iraq's incumbent prime minister, Nuri al-Maliki, looks for partners to form the next government after preliminary results from the April 30 election were announced last Monday.
First Kurdish Oil Sales Begin at Ceyhan By RUDAW 13 hours ago
For several months Baghdad has frozen payments to Erbil from the national budget as pressure and punishment for trying to go ahead with the oil sales.
ERBIL, Kurdistan Region – After the first sale of Kurdish oil at the Turkish port of Ceyhan was announced by Turkey’s energy minister on Thursday, the deputy head of the Iraqi parliament’s oil and gas committee called on Baghdad to issue a “halt order” to stop the sales.
"Oil belongs to the people of Iraq and no party should export oil without permission from central government," Ali Fayyaz said.
“Neither the Kurdistan Region nor any other governorate has the right to export oil without permission from the central government,” he said. He called on the Iraqi oil ministry and parliament to issue a “prevention order” to stop the sales.
The first sale of Kurdish oil at Ceyhan was confirmed by Turkish Energy Minister Taner Yildiz. He told the Reuters news agency that 1 million barrels of oil from Kurdistan’s new pipeline was being loaded on a tanker at Ceyhan.
Yildiz declined to name the buyer.
The oil sales have apparently began without the consent of Iraq’s central government, which has gone to great lengths to stop Erbil from controlling exports and revenues from its abundant energy reserves.
Ankara had pledged to wait for the row between Erbil and Baghdad to resolve before allowing the sales. But after storage tanks at Ceyhan grew full with 2.5 million barrels of piped Kurdish oil that began flowing in December, Turkey announced with Kurdish officials that the oil sales would go ahead this month.
The Kurds have chosen an opportune moment to begin the sales: Iraqi Prime Minister Nouri al-Maliki, who is making an uphill bid for a third term following elections last month, cannot fulfill the ambition of keeping his job without political support from the Kurdish bloc in parliament.
The KRG is infuriated at Maliki, who has very little room to pressure Kurdish leaders any further.
For several months Baghdad has frozen payments to Erbil from the national budget as pressure and punishment for trying to go ahead with the oil sales. The oil revenues are expected to go a long way to ease Kurdistan’s tight cash flow.
Baghdad has maintained that Kurdish oil sales are illegal. The Kurds have threatened to go so far as to declare independence unless Baghdad gives them greater control over their rights and resources.
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Kurdistan says it will deposit the revenues from oil sales in the creation of the Turkish Bank FRIDAY, 23 MAY / MAY 2014 13:03
Twilight News / said the Kurdistan Regional Government of Iraq on Friday that revenues of the first shipment of oil from the region transported through a pipeline to Turkey will be deposited in the creation of the Turkish Bank.
altShe said in a statement seen by "Twilight News" that oil exports from the Kurdistan Turkish port of Ceyhan will continue despite opposition Iraqi central government, which is that sales are illegal.
He said Turkish Energy Minister Taner Yildiz on Friday that the first shipment of the region's oil exports transported by Onabebh new line to Turkey was sold to Italy or Germany.
He said in comments broadcast channel MTV. RSS. T TV on the air, "This crude oil is likely to go to Italy or Germany."
He added that the size of the shipment of about 1.05 million barrels of within about 2.5 million barrels were stored in the port.
The Kurdistan and Turkey have concluded a year agreements in the field of energy include the export of oil from the Kurdistan Region directly to Turkey via a new pipeline was completed a few months ago and extends to the port of Ceyhan.
The agreement raised the wrath of officials in Baghdad, who assert that the federal government is the only owner of the right in the management of energy resources, and it rejects any attempt to export oil in isolation from it.
Baghdad and included a clause in the draft budget for 2014 is required Kurdistan to export 400 thousand barrels per day of oil in favor of the federal government, otherwise they will be exposed to deduct part of their budget.
Over the months conducting Baghdad and Erbil talks as Turkey tried to mediate between the two sides to find a way out of the crisis, which has worsened recently after wave of Baghdad to cut off funds for Kurdistan and delayed sending the salaries of employees since the beginning of this year.
The Kurdish transports crude to world markets via a pipeline Kirkuk - Ceyhan which is controlled by Baghdad to Turkey, but the Kurdish exports across the track stopped in late 2012 because of a dispute over payments.
Kurdistan region's oil export revenues and called Turkish bank and we will continue to export
Editor Osama al-Khafaji, an appeal Fouad - Friday 23 May 2014 13:06
Alsumaria News / Baghdad
announced that the Kurdistan Regional Government, said Friday that revenues of the first shipment of oil transported from the region through the pipeline to Turkey will be deposited in a bank "created" Turkish, stressing that the exports of the region's oil will continue despite opposition from the central government. government said the region in statement, carried by the Reuters news agency and seen by "Alsumaria News", "The revenue the first shipment of oil transported from the region through a pipeline to Turkey will be deposited in a bank creation Turkish."
the statement added that "oil exports Kurdistan from Turkish port of Ceyhan will continue despite the government's opposition Central Iraq, which is that sales are illegal. " It is noteworthy that Turkish Energy Minister Taner Yildiz announced, on Thursday, (May 22, 2014), in a statement to "Reuters", the Kurdistan region of Iraq began exporting the first shipment of crude oil through the Turkish port of Ceyhan on the Mediterranean in spite of the conflict has existed since a long time with regard to Baghdad, sharing oil revenues. LINK
KRG: Snoda oil revenues in the Turkish bank and we will continue to export
01:41:23 / 05/2014
Khandan - The Kurdistan Regional Government on Friday, said the revenues the first shipment of oil transported from the region through a pipeline to Turkey will be deposited in a bank (created) Turkish. added the Kurdistan Regional Government said in a statement released by the agency "Reuters", that exports Kurdistan oil from Ceyhan Turkey will continue despite the opposition of the central government. began the Kurdistan region, load the first shipment of crude oil transported via the new pipeline from the Turkish port of Ceyhan on the Mediterranean Sea on Thursday.
said Turkish Energy Minister Taner Yildiz said on Friday, the first shipment of oil exports Kurdistan region transmitted across the line Onabebh new to Turkey was sold to Italy or Germany. added Yildiz said in remarks broadcast on Al (T. RSS. T) television, said, "This crude oil will go probably to Italy or Germany." said Turkish Energy Minister that the volume of cargo of about 1.05 million barrels.
Iraqi Kurdistan: Snoda revenues from oil sales in the creation of the Turkish Bank
Friday 23 May 2014 | 13:27
She said the Kurdistan Regional Government of Iraq said in a statement on Friday that the revenues from the first shipment of oil from the region transferred via a pipeline to Turkey will be deposited in the creation of the Turkish Bank.
The statement added that the Kurdistan oil exports from the Turkish port of Ceyhan will continue despite the opposition of the Iraqi central government, which is that sales are illegal. LINK
Frank26: Thank You NOVA for Your informative thoughts on this oil sale ..........
Somebody wants this oil to FLOW so that the IQD lava can ......... FLOW.
Family ......... This is so GOOD and NOVA is trying to tell You ...... So!!!
Take care ......... \m/ KTFA, Frank
Sager: This is beyond AWESOME!!! I'm super stoked about this move by the Kurds, regardless of WHO authorized this... it tells us SO MUCH imo!!!!
I totally agree with you NOVA!!!
Do we honestly think that the Kurds would start exporting oil NOW, and wait to get paid in a year from now???
Why would they be depositing their revenues in a Turkish Bank? Maybe because they're waiting on the IMMINENT release of something???!!! This move alone tell me that the Kurds are NOT in control of this move... because if they were, they would want the revenues in their pockets!!!
Huge Huge event today!!!
IMO, the mere fact that the revenues will be held in a Turkish Bank tells us that this is not of the Kurds' doing. Some greater entity/group is moving things forward and telling the Kurds to export the oil. Sager
Sager » May 23rd, 2014,
Iraq is now eligible to enter the World Trade Organization
increased the votes to claim Iraq’s accession to the World Trade Organization, as part of the phase transformation to the capitalist system and its openness. And fulfill its obligations to the international community made by the same signing of the Charter of the International Covenant.
since said economic analyst Abbas Ghalibi that the economic environment in Iraq are not eligible for entry into the WTO because of the laws that governed which does not keep pace with the evolution of the global economy.
added Ghalibi in a press statement: “The Iraq is not qualified now to enter the World Trade Organization because of its transformation into what is known as a market economy, despite the positive effects that may affect the economy in Iraq if it were to enter the WTO, and that the government has taken a number of measures and controls that facilitate the way for it to enter to the WTO, including the enactment of important laws contribute to the development of the Iraqi economy. ”
and pointed out that “these laws to combat unemployment in Iraq, as well as the fight against inflation, which hit the Iraqi economy during the past period, and to work on the development of the private sector, which could indicate all these reforms that Iraq began to turn into a market economy, which Stahlh to enter the World Trade Organization. ”
and between Ghalibi, “he must find a favorable environment for Iraq’s accession to the World Trade Organization, especially since Iraq observer member in this organization, and that all the current circumstances serve Iraq to join but after it is activated all the laws that will be the first to contribute to the activation of its economy and make it parallel to the global economy. ”
For his part, the economic analyst Zuhair al-Hassani, said that “Iraq’s accession to the WTO will be a weapon, which is struggling by the shoddy goods to enter Iraq.” Hassani said in a press statement: “The Iraqi constitution provides for the development of the private sector, which can not be done only with the help of global investment, and therefore, the survival of Iraq outside the WTO will deprive us of the entry of foreign investment for the development of the Iraqi economy, and that Iraq can not be closes on itself because the infrastructure experienced by Iraq in the past were built by companies sober and because of the passage of time it became Mthrih. “and”
The Iraqi market is open on all sides, and this thing has caused the entry of goods bad of all States, which is not able to Iraq to take any action on these goods entering for its domestic market , so Iraq’s accession to the World Trade Organization gives us the right to fight flooding the Iraqi market goods shoddy through regulatory agencies created by the organization in all countries of the world.
“and pointed out that” Iraq’s accession to the World Trade Organization, which is an observer member which is carried out through reforms economic through the activation of a number of laws to combat unemployment and to combat inflation in the Iraqi economy and work on the development of the private sector. ” And between, that “Iraq’s accession to this organization is likely to bring some advantages such as opening international markets to Iraq and to attract foreign investment and integration with the global economy as well as the opening up front capital and integration with global financial markets.”
as she analyzed the economic peace Sumaisem, that “Iraq’s accession to the WTO will facilitate the integration of Iraq into the global market. ” She Sumaisem in a press statement: “The Iraq’s accession to the WTO will help Iraq to create links with global destinations and major companies could have to create an investment climate for these companies to come to Iraq for investment and the productivity of the base configuration.” She pointed out that “Iraq does not have laws or legal environment in order to join the World Trade Organization, and that these laws are not eligible in order to make Iraq transformed to a market economy, which contain several features the first of which is to join the WTO agreement, which runs Iraq observer member out . “It showed, that” if he wants Iraq to join the World Trade Organization that it seeks to improve the status of the economy and change the laws that will turn Iraq into a market economy. ”
jdtolle » May 23rd, 2014, What you imagine
In your imagination, go again and again to magnificent, beautiful places. In your life, work to bring into being the beauty you have imagined.
Let your imagination inspire you. Feel the power of your imagination as it gets you going.
Allow your imagination to assist you in zeroing in on a meaningful and compelling destination and purpose. Use your imagination to explore ways to get there and to remind you of why you want to get there.
What you create comes from what you imagine. From a well-nurtured imagination comes a well-lived life.
Though imagination doesn’t do all the work, it can serve to powerfully direct and focus the efforts you make.