Latest news with #AmanjRahim
Rudaw Net
07-07-2025
- Business
- Rudaw Net
KRG delegation in Baghdad to discuss financial disputes
Also in Kurdistan Sulaimani town uses cameras, fines to curb littering Turkish soldier death toll from methane exposure in Kurdistan Region rises to 12 Five Turkish officers killed due to methane gas exposure in Kurdistan Region Why did PKK pick Sulaimani for first disarmament? A+ A- ERBIL, Kurdistan Region - A high-level delegation from the Kurdistan Regional Government (KRG) arrived in Baghdad on Monday as the regional and federal governments near a final agreement to end their financial disputes, a well-informed source told Rudaw. The delegation includes Kamal Mohammed, KRG's acting minister of natural resources and KRG Cabinet Secretary Amanj Rahim, the source told Rudaw, on the condition of anonymity. This delegation's visit comes as Baghdad has prepared a draft agreement on oil exports and is awaiting Erbil's response, expected later on Monday. The KRG delegation had begun its meetings with the federal authorities by the time of reporting. A source close to the KRG, speaking to Rudaw on condition of anonymity due to the sensitivity of the discussions on Sunday, confirmed that the proposed arrangement is "in its final stages." Under the deal, the "KRG will hand over all crude oil produced to Baghdad. In return, the Iraqi federal government will be responsible for supplying the Kurdistan Region with its domestic needs for refined petroleum products,' the source added. Oil exports through the Iraq-Turkey pipeline have been suspended since March 2023, following an arbitration ruling in Paris that found Turkey had violated a 1973 pipeline agreement by enabling Erbil to independently export oil in 2014. Last week, Kurdistan Region Prime Minister Masrour Barzani stated that the halt has resulted in more than $25 billion in lost revenues for the KRG. Sangar Abdulrahman contributed to this article.
Shafaq News
30-04-2025
- Business
- Shafaq News
$10 billion lost: KRG urges swift restart of oil exports
Shafaq News/ On Wednesday, the Kurdistan Regional Government (KRG) affirmed it is fully prepared to resume oil exports after removing all internal obstacles, placing responsibility for the delay on the Iraqi federal government and international oil companies. Kurdish Prime Minister Masrour Barzani affirmed in a statement that the KRG fully backs ongoing talks with the federal government and international oil companies to resume crude exports under Iraq's federal budget law. He emphasized, 'There are no longer any technical or political obstacles on our side.' Senior officials at the meeting, including Cabinet Secretary Amanj Rahim and Council of Ministers Chief Umid Sabah, reviewed the status of tripartite negotiations between the KRG, Baghdad, and oil companies. They described the recent talks as constructive and said efforts are ongoing to finalize pending issues and reach an agreement. The KRG further called on all sides—including Iraq's state oil marketer SOMO and private firms—to maintain momentum and work toward an agreement that would restart exports and prevent further financial losses to the federal treasury, which the KRG estimates have exceeded $10 billion due to the prolonged halt. The KRG stressed the need to prioritize retirees' rights and tasked the Ministries of Finance and Economy, Peshmerga Affairs, and Interior with forming a joint committee to develop mechanisms for the timely and uninterrupted payment of pensions and entitlements across civil, military, and security sectors.
Shafaq News
16-02-2025
- Business
- Shafaq News
Iraqi President ratifies Budget Law amendment on Kurdistan oil exports
Shafaq News/ Iraqi President Abdul Latif Jamal Rashid ratified the first amendment to the Federal Budget Law mandating the export of oil from the Kurdistan Region through the State Oil Marketing Organization (SOMO), a senior Kurdish official revealed on Sunday. Amanj Rahim, Secretary of Kurdistan's Council of Ministers, stated on Facebook, 'The amendment to Budget Law No. 13 of 2023 stipulates that proceeds from Kurdish oil sales will be deposited into the Federal Treasury after deducting production and transportation costs.' 'The ratified amendment will come into legal force once published in the Iraqi Official Gazette,' Rahim explained, adding that this final step is pending. Earlier this month, the Iraqi Parliament passed the first amendment to the Federal Budget Law for 2023-2025, despite a boycott by around 50 lawmakers representing central and southern provinces, and legal disputes over the session's legitimacy.
