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Might I suggest an alternative...
APIKUR are a US-based organsiation.
The Empire of Lies are beginning to be left in the car park with regard to policy and operations in the mid, far east and RoW. They just recently had to eat humble pie and apologise to the Iraqi Govt. for illegally carrying out bombing raids in sovereign Iraqi territory.
My suggestion is that the KRG and Iraqis know something that APIKUR aren't privy to. The perceived "scrambled" press releases overnight from them and Bloomberg are data points.
Let's wait and see shall we?
Itsaponzi filtered.
The pressure for a resumption has ramped up significantly and will not go away.
Naive fools like the idiot below can't see this.
Sudani visiting Washington in April, Erdogan visiting Iraq also, US Congress now involved, letters being written...next month could be huge.
Baghdad is quick enough to get its hand out asking for financial assistance and American dollars. Little wonder that its already taken over a year to sort out a mess of its own deliberate making.
Its a shame because the gut reaction is "they don't deserve one cent", but then its the poorest who will lose out and the militants who will move in, with the blessings of the many corrupt politicians in charge.
However it does add weight and publicly shows them up to the world as an un-investable country unless you are from a corrupt country yourself where its fine to bribe and extort.
However Baghdad is trying to get more investment from abroad...funny way of trying to achieve it.
From the APIKUR site.
https://www.apikur.uk/publications/apikur-denies-government-of-iraq-claims-of-a-deal-to-resume-oil-exports-from-iraq-s-kurdistan-region/
Caveat emptor when it comes to using X based local language sound bites, from publicity seeking politicians aiming at a specific home grown target audience.
Https://www.bnnbloomberg.ca/kurdistan-oil-producers-say-no-deal-made-on-resuming-exports-1.2041845
Itsaponzi,
You allege that this is 'Official' !
Where are the links to support this ? You dress your posts up to look like they are some sort of news reports - but you fail to provide any links whatsoever ?
Can you provide the link(s) to this article - or did you just make them up as usual ?
March 2, 2024
APIKUR denies claims by Government of Iraq (GoI) officials that an agreement has been reached among the GoI, the Kurdistan Regional Government (KRG), and international oil companies (IOCs) to resume oil exports through the Iraq-Türkiye Pipeline (ITP).
APIKUR’s member companies would welcome the reopening of ITP. Regrettably, to date, we have not even seen any proposals from GoI or KRG for the agreements that would be required to do so.
From the horses mouth !!
proposals from GoI or KRG for the agreements that would be required to do so.
Recently there have been several unfounded media statements by senior GoI officials that a deal has been reached for IOCs to resume exports through the ITP. We do not understand the motivation for such misinformation but note that Iraq is reportedly losing $1 billion for each month that ITP remains closed.
APIKUR, also, notes that meetings were held in Baghdad on January 7-9, 2024, between representatives of the GoI, the KRG, and IOCs — including representatives of several APIKUR member companies. But, thus far, there has been no concrete progress towards that end presented to the members of APIKUR.
APIKUR member companies stand ready to meet again with GoI and KRG officials to swiftly resolve the issues to the benefit of all.
- Ends -
Https://www.rudaw.net/english/business/02032024
Superb interview.
Lies being called out.
All payments to Baghdad must be stopped pending a resumption of exports.
Right now, in 2024, Iraq will receive more than a billion dollars for military and security assistance, and also around $400 million for humanitarian and stabilization and development assistance. APIKUR has been informing Congress that it is not acceptable for Baghdad to take American tax dollars when Baghdad is refusing to generate its own money from the export of oil from the Kurdistan Region.
We know that Prime Minister Mohammed Shia' al-Sudani has been invited to visit the White House and we think that visit will happen after Ramadan, sometime in late April. And before he comes to Washington DC, the prime minister must put in place a budget for the KRG and create the policy to restore full oil production and exports. This is our belief. And this is also a belief that has been echoed and is supported by many members of the United States Congress.
This is excellent calling out and cutting through the compulsive lies of a lot of officials, it's accepted that politicians will lie in Iraq, and while the local population will accept it, APIKUR is calling it out, there's NO agreement, BUT the IOC's and the US are turning the screws and the more into a corner they are forced, the more lies will come, may take a few weeks for Iraqi officials to finally realise they can't fib their way out of this one. And there's a lot of pocket lining still going on on both sides, I wouldn't be surprised if there's a general agreement from officials to delay things in Iraq and Kurdistan, they're making a mint. It was questioned why Kurdistan are not trucking the oil already, because theyrecsiohonig off funds at the IOC's expense. All that said, GKP are making a profit and the wider picture is still there, water, grindingly slow progress, international aid, strengthening ties with Kurdistan and Anthony Blinken kicking butt. Still staying positive on the future here!!
The statement is on their website. Lower tier politicians playing politics, just need to wait to the end of April, beginning of May, to see if we have any true news. (See my earlier post).
https://www.apikur.uk/publications/apikur-denies-government-of-iraq-claims-of-a-deal-to-resume-oil-exports-from-iraq-s-kurdistan-region/
They want something in writing this time....no more BS...
BS from now on will be called out as such.
Iraqi liars will be named and shamed.
US foreign aid payments to Baghdad - billions of dollars - will be stopped pending resumption of the ITP exports.
Https://x.com/apikur_oil/status/1764028638620463386?s=20
Can’t help but wonder if it’s a ploy by IOCs to put more pressure on Iraq.
Ponzi, dont get me wrong, your comment style is the joke . A bad kind.
Why dont you try some less certain claims on why and exactly what levek the sp would drop. In a few days time.
You could be taken more seriously by others.
Could become a valuable contra - thought for the enthusiastic longs. Etc.
Br.
****eye, buy a coin or two and see what happens. lol
May ?
Maybe not ?
Maybe never ?
The delaying tactics are working a treat Baghdad.
If oil is flowing this year I will be amazed.
Time for kurdistan to find another route now.
All becoming a joke now.
If Baghdad continues to play games they will lose out on billions of dollars. All US foreign aid to Baghdad gets cut.
"may" being the operative word.
This is the most important development.
APIKUR and US are all over this.
Iraq to Amend Budget in Bid to Restart Crude Exports Via Turkey
Selcan Hacaoglu and Firat Kozok, Bloomberg News
(Bloomberg) -- Iraq may amend its federal budget to pay recovery and transit fees to international oil companies in a bid to restart a crucial oil pipeline after a year, according its foreign minister.
Talks are underway between oil companies, the Iraqi government in Baghdad and the semi-autonomous Kurdistan Regional Government to resume crude oil exports via Turkey, Fuad Hussein told Bloomberg News on Saturday. The pipeline’s closing has cut off nearly half a million barrels of crude from global markets.
Turkey halted flows on the pipeline - which carries oil from Iraq’s Kurdish region to the Turkish port of Ceyhan - in March 2023 after an arbitration court ordered it to pay about $1.5 billion in damages to Iraq for transporting oil without Baghdad’s approval.
The arbitration was the culmination of a long-running dispute between Baghdad and Iraq’s semi-autonomous Kurdistan region over rights to revenue from oil sales.
Iraq is trying to resolve the dispute to boost ties with Turkey on issues from trade to security ahead of an expected visit by President Recep Tayyip Erdogan to Baghdad on April 22. The main discussion is over the transportation and recovery fee; the real cost about $21 per barrel versus $6 in the budget, according to Hussein.
“The best way is to have an amendment in the budget, from $6 to what it in reality is,” Hussein said on the sidelines of a diplomacy forum in Antalya, Turkey. “If we agree about the amendment of the budget law, then that will open the path for let’s say exporting the oil.”
Iraq had been exporting about 400,000 to 500,000 barrels a day from fields in the country’s north, including in the Kurdish region, via the now-halted pipeline. The pipeline’s closing has cost Iraq more than $7 billion in lost revenue over the past year, which Hussein called a “huge loss.”
Hussein declined to give an estimate about how long it will take to make the required amendment, which requires support of Iraq’s political parties as well as election of a new parliament speaker. However, he said Baghdad and the KRG have reached an understanding on resuming exports and that the Turkish side has no objections.
In a way a delay until the new tax year would suit me anyway!
Couple of thoughts, one is that the OIC's and APIKUR are trying multiple avenues of applying pressure on Baghdad, and it may be hard to see when the breakthrough will come, second is Sudani has no real intentions of restarting the pipeline, he's flushed $9 Billion or more down the drain rather than give up oppressing the Kurds, BUT I don't think he can plan his way out of a paper bag, and when Blinken gets his paws on him he will come under immense pressure. In the meantime, sales are study if not growing and there is at least talk about alternative routes to market should the Kurdistan government get completely fed up of waiting for a resolution. Feeling steady about GKP now.
This was posted 3 hours ago, so more patience required (happy to hold and wait).
WASHINGTON DC - The White House has issued an invitation to Iraqi Prime Minister Mohammed Shia' al-Sudani, and an association of oil producers working in the Kurdistan Region is hoping Americans can use that visit to pressure Baghdad into resuming oil exports.
"We know that Prime Minister Mohammed Shia' al-Sudani has been invited to visit the White House and we think that visit will happen after Ramadan, sometime in late April. And before he comes to Washington DC, the prime minister must put in place a budget for the KRG [Kurdistan Regional Government] and create the policy to restore full oil production and exports. This is our belief. And this is also a belief that has been echoed and is supported by many members of the United States Congress," Myles B. Caggins III, spokesperson for the Association of the Petroleum Industry of Kurdistan (APIKUR), told Rudaw in an interview on Thursday.
https://www.rudaw.net/english/business/02032024