Parliamentary Finance Committee: Oil companies’ dues were added to the budget tables and there is government coordination to resume exports

The Parliamentary Finance Committee confirmed the continuation of coordination and communication between the federal government and the Kurdistan region to resume oil exports through the Turkish port of Ceyhan. The Vice-Chairman of the Committee, Ikhlas Al-Dulaimi, said in a statement to the National Iraqi News Agency / NINA /, that 'the general budget schedules approved by the House of Representatives are the ones approved by the government, and thus cancel any financial texts and paragraphs received outside of them,' she indicated the existence of allocations for costs of oil production and transportation, worth 3 trillion and 800 billion dinars added to the general budget tables.' She added, "If an agreement is reached between the federal government and the regional government to resume oil exports, the Federal Ministry of Finance and the Ministry of Oil and Natural Resources in the region will proceed to coordinate to find a mechanism to disburse these amounts and pay the dues of the oil companies." Sh e explained, 'The oil companies operating in the Kurdistan region are asking the region for sums of money for 6 months, and there are contracts signed between the two parties that are difficult to cancel, because they are giant foreign companies that will resort to the judiciary and sue the region and the federal government.' Source: National Iraqi News Agency