Kurdistan RegionG expects paying oil dues to Oil companies

(IraqiNews.com) The Kurdistan Regional Government expected “The financial dues of the Oil companies will be settled soon with the Federal Government.

The Minister of the Natural Resources in Kurdistan Government ,Ashty Hurami, reported in press statements at the Energy Conference in Istanbul that Kurdistan RegionG expected that initial payments settlements reached IQD one trillion and (858) million from the Central Government ,” noting that “The Federal Government and the Oil companies reached an agreement concerning paying the Oil financial dues.”

He added that ”Kurdistan Region will resume exporting Oil at a rate of (200 000) barrels per day and the region will continue in exporting at this level until the end of 2012.”

The statement pointed out that Kurdistan RegionG expected that the exports of Oil will reaches million barrels per day in 2015. \