Friday, 15 May 2009

Let's see to where this will take us

The Iraqi Oil Minister, Hussain al-Shahristani, has fired back from neighboring Jordan toward the Kurdistan Regional Government and other parts of the world where the International Oil Companies, who hold contracts with the Kurds, are based.

Al-Shahristani eventually broke his silence and put the dots on the letters, as the Arabic language puts it, when said: "Those who signed the contracts with these companies are responsible to pay back and compensate them."

"The company won't receive from the oil ministry any dollar or a barrel of oil," al-Shahristani told Dow Jones Newswires in an interview late Thursday night.

On Friday afternoon, the usually quiet al-Shahristani became more aggressive, challenging the KRG's Natural Resources Minister, Ashti Hawrami if he can get the companies' share from the produced oil.

‘If [the Kurdish oil minister] can get a dollar out of the [Iraqi finance] ministry, let him call me,’ he told the Financial in a video interview.

Now your turn comes Mr. Hawarmi, but try to bring something new not only mentioning the same "constitutional rights," something practical on how these companies will be paid.

And let's see to where this will take us....

kassakhoon@gmail.com

5 comments:

Anonymous said...

Iraq is travelling around the world to have conferences and meet politicans and international oil companies to invest in Iraq.

How to Iraq OR the Iraq oil minister think that foreign companies will invest in the country and make new jobs and money when Shahristani is acting and saying like in this interview with Financial times today?

http://www.ft.com/cms/s/0/c25d9670-4180-11de-bdb7-00144feabdc0.html?ftcamp=rss&nclick_check=1

It is easy to understand why Iraq have budgets and income problems when they have a ministry behaving like this!

And all Iraqi people is loosing of this one man.

Anonymous said...

Iraq is travelling around the world to have conferences and meet politicans and international oil companies and asking (begging) them to invest in Iraq.

How do Iraq or the Iraq oil minister think that foreign companies will invest in the country and make new jobs and money when Shahristani is acting and saying like in this interview with Financial times today?

http://www.ft.com/cms/s/0/c25d9670-4180-11de-bdb7-00144feabdc0.html?ftcamp=rss&nclick_check=1

It is easy to understand why Iraq have budgets and income problems when they have a ministry behaving like this!

And all Iraqi people is loosing of this one man.

Anonymous said...

Today we see it AGAIN!!

"Baghdad rejects KRG gas deals - Upstreamonline"

And AGAIN it is the one person in the Iraq Oil Ministery who tries to stop good things for the whole Iraq and the Iraqi people.

There is no doubt why 140 representatives of the Parlament want to questioning him for hiss bad work.

He does NOT do what is best for Iraq!

motown67 said...

Here's my take on the KRG-Baghdad oil deal.

http://musingsoniraq.blogspot.com/2009/05/breakthrough-on-oil-deal-between.html

Right now it's going nowhere because Baghdad won't pay the oil companies and the Kurds probably don't have the cash to cover it either. It appears to be another show between the two sides, similar to what happened in the winter of 08 over the same oil fields.

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