Iraq's oil Law

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

Kurds are acting like a separate country.

Arbil, Nov 13, (VOI)- Reliance Industries has executed two production sharing contracts covering petroleum exploration activities in the Rovi and Sarta blocks in the Kurdistan region of Iraq, Indian daily The Economic Times said.

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**Tumbleweed** · Admin Thanks: 0 Thanked 0 Times in 0 Posts votes: 4

The Kurds will never be a true part of Iraq and they will continue to take control of their territory. The central government is only interested in the oil and they know it.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

But as long as Iraq is one country, the oil revenue should be for all Iraqis, not a handful. The only way to rebiuld is to do it as a country or not at all.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

Baghdad is fighting back against oil companies.

Oil firms which have signed contracts with the Kurdistan regional government (KRG) will be barred from deals with Baghdad.

"We are considering that and we are writing to some of the companies about the consequences of their actions," Hussain al Shahristani said on Wednesday when asked if Baghdad would exclude those firms.

Shahristani, who is in Riyadh to attend an OPEC heads of state summit on Nov. 17-18, declined to name the companies, saying, "You will hear."

The comments come as the autonomous Kurdistan in northern Iraq has stepped up efforts to lure foreign oil forms to sign new oil production contracts.

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**Tumbleweed** · Admin Thanks: 0 Thanked 0 Times in 0 Posts votes: 4

Quote:

Oil firms which have signed contracts with the Kurdistan regional government (KRG) will be barred from deals with Baghdad.

Well, considering the oil isn't in Baghdad they might want to rethink dealing so harsly with these previous contracts.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

I do not think this is such a great idea. Thoughts?

The US-led coalition is building a permanent security base on Iraq's oil pumping platforms in the Gulf to act as the "nerve centre" of efforts to protect the country's most vital strategic asset.

Work on the Tactical Operations Centre on the Khawr al-Amaya terminal should be finished early next month.

The bulk of security planning and co-ordination at the head of the Gulf will then shift from frigates and patrol boats to the platforms of the terminal. The sound of saws and a blaze of welding arcs accompanied construction of a tower of modified shipping containers, the hub of the multi-million pound project, designed to give early warning of hostile action by Iran or al-Qa'eda.

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**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

THis is very interesting, worth watching.

Iraq's oil ministry has declared all crude contracts signed by the Kurdish regional authorities with foreign companies null and void, a government official said on Saturday.

"The ministry has nullified all contracts signed by the Kurdistan Regional Government," the official told AFP, asking not to be named. "They will not be recognised."

The government in Iraq's northern autonomous Kurdish region has signed 15 exploration and exportation contracts with 20 international companies since it passed its own oil law in August, infuriating the Baghdad government.

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**Tumbleweed** · Admin Thanks: 0 Thanked 0 Times in 0 Posts votes: 4

Quote:

Iraq's oil ministry has declared all crude contracts signed by the Kurdish regional authorities with foreign companies null and void, a government official said on Saturday

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They can declare any damn thing they like but convincing the Kurds to go along with it will be the real test. I still don't think the central government can control the Kurds.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

You are probably right, but if they are to hold the country together , they need to find a way to control them. Since the Kurds are still considered part of the country, then the US should insist that they abide by Iraqi govenmental edicts.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

A land and resource grab.

Iraqi Kurds have claimed oil rights in Kirkuk, which is in northern Iraq but outside the Kurdish semi-autonomous area.

Hussain al-Shahristani, the Iraqi oil minister, said this week the Peshmerga, the Kurdish militia, has been preventing the government from developing the Kirkuk oil field, The New Anatolian reported. He said the field would add 100,000 barrels a day to Iraqi production.

**Tumbleweed** · Admin Thanks: 0 Thanked 0 Times in 0 Posts votes: 4

Sounds like a showdown coming over the oil field.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

Sounds like the Kurds are grabbing territory. Bu that is not very nationalistic is it?

**Tumbleweed** · Admin Thanks: 0 Thanked 0 Times in 0 Posts votes: 4

I don't think the Kurds have any intention of becoming a real part of Iraq. I believe they will always feel the Nothern part of Iraq belongs to them.

**CHUQ** · Agitator Thanks: 0 Thanked 0 Times in 0 Posts votes: 3

But there will conme a point where the US and possibly Turkey will have to step in and spank their pee-pees. Some of their actions are counterproductive to what the US is trying to do.

**Season Fair** · Just new to talking Thanks: 0 Thanked 0 Times in 0 Posts

Well, I am pretty confused on this. But maybe the US should leave and let them divide their country like they want.