Examples of Government of Iraq in a sentence
In May 2013, the Government of Iraq and the KRG reached a tentative agreement to resolve the dispute over payments to foreign companies that has shut down most crude oil exports from the Kurdistan Region.
The KRG and the Government of Iraq are reported to have held a number of meetings between late December 2013 and February 2014 to advance discussions on the resumption of oil exports from the Kurdistan Region.
In January 2014, the Iraqi Council of Ministers ratified the draft Government of Iraq 2014 budget.
Similar to the 2013 Government of Iraq budget, the draft budget requires Kurdistan to export 400,000 bbl/d of crude oil and contains provisions to deduct any shortfall from the 17 percent share of government revenues to which the Kurdistan Region is entitled.
Strengthening Economic Ties Between Kurdistan and Turkey While continuing to negotiate with the Government of Iraq to formalize a federal petroleum law and reach agreement on an associated payment mechanism, the KRG has also moved forward with plans to build the necessary infrastructure to expand the Region’s export capacity, in particular to build export capability directly to Turkey.
The Customs Levy Exemption Form will be reviewed by a Government of Iraq Representative.
Parties to the contract are the Missan Oil Company, on behalf of the Government of Iraq and the Contractor Group comprising CNOOC (63.75%), TPAO (11.25%) and the Iraqi Drilling Company, the “State Partner” (25.00%).
The KRG subsequently stated that all oil contracts in the Kurdistan Region fall under the purview of the Kurdistan Petroleum Law and that neither the Government of Iraq nor the Iraq Oil Ministry has any jurisdiction to take any legal action against holders of PSCs. The KRG also stated that the Kurdistan Region remains committed to the Iraq Constitution, but that the Iraq Constitution does not provide the Government of Iraq with exclusive powers over the management or export of oil and gas.
He has threatened legal action against those companies transporting, selling and purchasing this exported crude oil and has indicated that the Government of Iraq may withhold the Kurdistan Region’s share of the federal budget.
The U.S., Turkey, and various Iraqi factions are encouraging the KRG and Government of Iraq to reach consensus as it would be expected to bring stability to the Iraqi region.