REINALDO JC
IRAQ OIL/BUDGET TABLES ALIGNS
~Member revealed Oil and Gas Parliamentary Committee, Bassem Naghmesh, today, "A delegation from the federal government visited the Kurdistan region, because the region WANTS GUARANTEES on the amounts so that they reach the companies and with a pledge from the Ministry of Finance, and they DID NOT REACH AN AGREEMENT, but the visit resulted in a joint report.
The committee member pointed out that "the regional government and the federal government WANT to resume exports and reach an agreement regarding the region's internal need for oil,"
~Naghamish concluded his statement by saying, "The government statements confirm the resumption of exports during THIS WEEK or NEXT WEEK, and the Oil Committee, in turn, will follow up and meet to discuss this file."
~The CEO of Qamar Energy, Robin Mills, confirmed the Turkish side's readiness to start operating the oil pipeline immediately, but he explained that "it may take {A FEW WEEKS} even if all parties are ready, due to the need to agree on the final methodology for operating the pipeline and transferring funds."
~APIKUR member companies {DO NOT HAVE AGREEMENTS} that would lead to resuming oil exports today.
From my studies—Seems like (imo):
Iraq Gov't is delaying & coming up with excuses to START EXPORTING OIL
INTERNATIONALLY from the Kurdistan Region for a reason…they’re TIMING it & WAITING to begin exports simultaneously alongside with the submission of the 2025 BUDGET SCHEDULES/TABLES to Parliament in {MID MARCH}.
(seems like rate change dependent to resume the OIL)
we shall see
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