The Tawke oil field in the Kurdish region of Iraq. Talks are under way to resolve the dispute between Baghdad and Erbil over oil production and revenue-sharing. AP
The Tawke oil field in the Kurdish region of Iraq. Talks are under way to resolve the dispute between Baghdad and Erbil over oil production and revenue-sharing. AP
The Tawke oil field in the Kurdish region of Iraq. Talks are under way to resolve the dispute between Baghdad and Erbil over oil production and revenue-sharing. AP
The Tawke oil field in the Kurdish region of Iraq. Talks are under way to resolve the dispute between Baghdad and Erbil over oil production and revenue-sharing. AP

Iraq and Turkey meet in Baghdad to discuss resuming oil exports from country’s north


Sinan Mahmoud
  • English
  • Arabic

Iraq and Turkey on Monday began long-awaited discussions over resuming oil exports from the northern pipeline that runs through Turkey, an Iraqi Oil Ministry official told The National.

About 450,000 barrels of oil was trapped in Iraq’s Kurdish region in late March after the International Chamber of Commerce ruled on a long-standing complaint from Baghdad against unilateral exports by the region.

On April 4, a deal was struck between Baghdad and Erbil to allow the federal government to market the oil produced from the Kurdish region, and in exchange, the region will receive monthly budget transfers amounting to 12.67 per cent of Iraq's oil revenue. Baghdad and Ankara had been working to iron out technical hurdles.

A Turkish technical delegation arrived in Baghdad on Monday to meet their Iraqi counterparts, the official said. Oil ministers from both countries will not be involved, he added.

“A final decision is not expected today,” he said, adding that discussions could "last for days before reaching a final deal".

He gave no further details on the discussions.

The April deal between the federal government and Kurdistan stipulates that 400,000 barrels of oil a day will be exported from Kurdistan and handled by the federal State Organisation for Marketing of Oil (Somo). At least 50,000 barrels will come from Baghdad-run fields in the northern Kirkuk province, which were also affected by the pipeline closure.

For the first time, Kurdistan will be represented in Somo.

Oil revenues will be deposited in one bank account and will be overseen by Baghdad but will be under the control of the KRG.

The Federal Board for Supreme Audit of Iraq will have access to audit the account in co-operation with the Federal Oil Ministry and Kurdistan’s Ministry of Oil and Natural Resources and Audit Board. An international auditing company will be hired.

The rights to develop and market oil and gas resources has been one of the thorny issues since the US-led invasion that toppled Saddam Hussein.

The KRG had said Iraq's 2005 constitution gave it the right to sign agreements with oil companies and states without consulting Baghdad.

But Baghdad maintained the region had no right to sign deals and said exports had to go through state-run pipelines and be marketed by the federal government agency, Somo.

In February last year, Iraq’s Federal Supreme Court ruled that the Kurdish region's law regulating its oil and gas industry was unconstitutional. The court demanded that the region hand over all the industry’s activities to Baghdad.

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UAE currency: the story behind the money in your pockets
The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

The specs: 2018 Jaguar F-Type Convertible

Price, base / as tested: Dh283,080 / Dh318,465

Engine: 2.0-litre inline four-cylinder

Transmission: Eight-speed automatic

Power: 295hp @ 5,500rpm

Torque: 400Nm @ 1,500rpm

Fuel economy, combined: 7.2L / 100km

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GAC GS8 Specs

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PROFILE OF HALAN

Started: November 2017

Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga

Based: Cairo, Egypt

Sector: transport and logistics

Size: 150 employees

Investment: approximately $8 million

Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar

The five pillars of Islam
The years Ramadan fell in May

1987

1954

1921

1888

The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
UAE currency: the story behind the money in your pockets
The specs

Engine: 5.2-litre V10

Power: 640hp at 8,000rpm

Torque: 565Nm at 6,500rpm

Transmission: 7-speed dual-clutch auto

Price: From Dh1 million

On sale: Q3 or Q4 2022 

The years Ramadan fell in May

1987

1954

1921

1888

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

While you're here
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Draw:

Group A: Egypt, DR Congo, Uganda, Zimbabwe

Group B: Nigeria, Guinea, Madagascar, Burundi

Group C: Senegal, Algeria, Kenya, Tanzania

Group D: Morocco, Ivory Coast, South Africa, Namibia

Group E: Tunisia, Mali, Mauritania, Angola

Group F: Cameroon, Ghana, Benin, Guinea-Bissau

'Ashkal'
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UAE currency: the story behind the money in your pockets

GOLF’S RAHMBO

- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
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- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)

The years Ramadan fell in May

1987

1954

1921

1888

Some of Darwish's last words

"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008

His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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Easter%20Sunday
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War and the virus
Updated: June 19, 2023, 1:46 PM`