by Staff Writers
Amman (AFP) Sept 11, 2011
Iraq's autonomous Kurdistan region halted crude exports on Sunday, nearly a week after it condemned a new oil and gas law approved by the central government, Oil Minister Abdelkarim al-Luaybi said.
Kurdish authorities quickly said in a statement, however, that the disruption was because of technical difficulties, and not due to policy disagreements with Baghdad.
"The government of the Kurdistan region today halted oil exports without giving reasons," Luaybi told AFP on the sidelines of an oil conference in the Jordanian capital.
"This is a great loss for the Iraqi economy, as well as the Kurdish and Iraqi people in general."
An oil ministry official told AFP that Kurdistan's exports of 150,000 barrels of crude per day "dropped in the past two weeks to around 55,000 bpd."
The development came after Kurdistan condemned the draft law, which was approved by the central government in August, and called on parliament to reject it.
"The presidency of the Kurdistan region condemns this manoeuvre and calls on the council of ministers to withdraw the draft immediately, because it contradicts the constitution," it said in a statement.
On Sunday, the region's natural resources ministry said in a statement that "there has been no policy decision for suspending oil exports from Kurdistan."
It continued: "Over the last two days, the... export pipeline experienced serious technical difficulties causing disruption of the exports from the Kurdistan region temporarily."
Kurdish leaders and the central government have squabbled over a number of oil-related issues, including payments, revenue sharing and Baghdad's refusal to recognise the dozens of oil contracts Arbil has signed with international energy firms.
There is also the issue of oil-rich Kirkuk province, which Kurdish authorities want incorporated into their autonomous region, while officials in Baghdad strongly oppose such a move.
The cabinet passed the draft oil law, which would govern the sector and divide responsibility between Baghdad and Iraq's provinces, and submitted it to the Iraqi parliament on August 28.
Powering The World in the 21st Century at Energy-Daily.com
Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.
PEW study urges Canada to suspend Arctic oil exploration
Montreal (AFP) Sept 9, 2011
An environmental group urged Canada Friday to suspend oil exploration in the Arctic, warning that otherwise it risks an environmental disaster worse than the BP spill in the Gulf of Mexico. The PEW environmental group said in a report that it does not necessarily oppose developing the oil and gas reserves at the top of the world, but called on Canada to become "Arctic ready" and urged reform ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement|