Rosneft left without Kurdish "black gold"

Rosneft, under a contract with Iraqi Kurdistan, was supposed to buy up to 70% of autonomy oil exports at prices lower than world prices, including oil not controlled by Kurds already Kirkuk, reports Kommersant.

In June, Rosneft signed a legally binding contract with Kurdistan to buy oil and expand the oil pipeline to Turkey. But now, this contract is no longer possible to execute, Izzat Saber, head of the Kurdistan Parliament’s Finance and Economic Affairs Committee, acknowledged.

In early October, Iraq, with the help of the military, regained control of Kirkuk, one of the country's main oil provinces, which had recently been under the control of the Kurds, but was not formally part of the autonomy. In addition, the central government occupied disputed territories near Mosul in the province of Ninawa. So Baghdad responded to the referendum on the independence of Iraqi Kurdistan.

As a result, according to Izzat Saber, “the export of oil from Kurdistan decreased from 700 thousand to 200 thousand barrels per day”.

This means that the company "Rosneft" will have to negotiate with the Iraqi government about the method of execution of this contract concluded with Kurdistan,

said the official.

As part of the contract for the supply of oil, Rosneft has already paid Erbil $ 1 billion in advance, which the Kurdish government has sent to repay the debt to the UAE oil and gas company Dana Gas.

“In total, Rosneft was going to pay Erbil $ 3 billion, of which $ 1 billion to the Kurds to invest in the construction of the pipeline to Ceyhan, and another $ 1 billion to develop five fields that Rosneft was supposed to enter (the company announced this is October 19), ”the article says.

Earlier, the Iraqi authorities have repeatedly stated that they consider the contract between Iraqi Kurdistan and Rosneft illegal.

Any contract not concluded with the federal government and the Ministry of Petroleum (Iraq) is illegal. We are not interested in this contract, its details. We do not know these details and we don’t know anything at all,

Iraqi Oil Ministry spokesman Asem Jihad said Tuesday.

Comments

[Santa bear]

They were greedy, got into Kurdistan to weld ... and consider a billion nowhere. Dealers damn it, Rosneft to her. Was it really unclear that no one would give the Kurds oil and Iraq was even ready to fight for oil? Now, of course, the official Iraq was offended and does not need any contracts. In general, and lost money and Russia's reputation in front of Iraq spoiled

[Anarchist]

It remains only to bomb Iraq. And what? America is possible, but not us?
But we are Russian! Conscience does not allow! We still have it ...

[Nasrat]

Accidentally miscalculated .... or deliberately deduced ??? Guess three times!

Now the phrase is clear - No money! But you hold on there !!! All the best to you!

[vadsonen]

Accidentally miscalculated .... or deliberately deduced ??? Guess three times!

Do not dare to defame Putin's Tricky Plan!

[vlad_vlad]

I'm somehow embarrassed ...
at first the nightingales / kiselyov on TV said that the Turks are eating Kurdish oil and that they are financing something wrong there.
here on the website they said that Jews and Israel were doing something wrong with it.

and here - bam! and UTB Rosneft.
urgently need to ask Solovyov / Kiselev or someone else there to explain, otherwise the head is spinning from constant changes in landmarks.

who to believe? I'll go watch the weather forecast.

[Sasha71]

"Under the contract for the supply of oil Rosneft has already paid Erbil $ 1 billion advance, which the Kurdish government has sent to pay off debt to Emirate oil and gas company Dana Gas. "- the simplest scheme theft of government money on an especially large scale, very weakly disguised as an advance to a completely unreliable subject. Such advances can be handed out either by thieves who have been rolled back from emirs. Are Rosneft controlled or thieves? According to the article "theft of state property in especially large amounts" it is high time to return the death penalty.

[SPACE]

Quote: Nasr

Accidentally miscalculated .... or deliberately deduced ??? Guess three times! Now the phrase is clear - No money! But you hold on there !!! All the best to you!

All the oil, that is Kurdish, that Iraq, that no one’s Kirkuk, still goes through the Barzani pipelines, into which Gazprom has invested, to Turkey and from there to the world market and by the way, including Israel, which, according to local Jews from the site, stands for the independence of Iraqi Kurdistan and which Americans threw the best friends of Israel, allowing the Iraqis to pick up Kirkuk, for which the Kurds, including the Syrians, will be very grateful to them And then Iran agreed with Iraq on joint oil and gas activities, and not only, but actually withdraws Iraq from the custody of the United States. Plus, Qatar has gone all the way, and Saudi Arabia is cleaning its American ranks, suspiciously right after the trip to Putin. So ISIS completely ends. Wait a bit, it will be even funnier)))
Z.Y. Politics is the most profitable type of economy.

[Pereira]

Bomb Iraq? I would bomb Rosneft. Better yet, recover this billion from her tops. I am sure if they shake the scrotum and two breathe.

[210ox]

It’s just not their money .. these hucksters, but state ones. A billion to a billion here. Who will ask for this?

Quote: Santa Bear

They were greedy, got into Kurdistan to weld ... and consider a billion nowhere. Dealers damn it, Rosneft to her.

[x.andvlad]

Under the contract for the supply of oil, Rosneft has already paid Erbil $ 1 billion in advance
Maybe you had to first wait for a stable situation in the region?
To the ridiculous. Hurrying like naked in the bath. And then they look for a solution to the problems that have arisen.

[Nasrat]

.. three rubles, at one time, Ukraine was fed - for "be healthy"! ...

As the saying goes - the forest is cut - chips fly !!!
Forge iron - on the spot !!

[Esoteric]

Rosneft left without Kurdish "black gold"

And if you hadn’t? Would gasoline become cheaper? Or would Sechin get a bonus for his services to the Fatherland? Well, the poor fellow was unlucky, probably looking for a remnant in the bathtub with a rope wound on his hand ...
Understand your natural resources, learn to spend your money prudently and share profit with the people, and then look at the Kurds, just don’t turn your neck ...

[St Petrov]

and share profits with the people

how much do you think you personally earned on the sale of Russian oil. Well, how much did you pay in rubles?

How much should the state pay you so that you no longer lament that you have not shared?

[Govorun]

Reputation before Iraq? This is a state in which more than half of the generals in ISIS went over ??? And also talk about the reputation before Iraq, and don't give a damn about such a reputation, let them take up the restoration of Syria ... let them take care of their reputation ...

[Hoc vince]

Chernomyrdin was once asked: "How do you assess Russian foreign policy?"
- No one can blame us in good intentions- answered Stepanych

[Cat Marquis]

And if you recall how many billions of dollars Iraq was simply "forgiven" for nothing ... if only these "effective managers" would look into the eyes of an old retired woman who has unhappy 150 dollars of pension, which, as one lady from the Duma said, she should be enough for life.. .

[Sergey53]

Lost money in the treasury from the perpetrators.

[protoss]

The stupidity of Rosneft once again confirms the general stupidity (to put it mildly) of the Russian authorities in Middle Eastern affairs. the level of orientation in the local cuisine of our foreign ministry, defense and military personnel personally approximately corresponds to Rosneft.
this is the question of the appropriateness of the Syrian campaign, assistance to the Haftar in Libya, etc.

[St Petrov]

The stupidity of Rosneft once again confirms the general stupidity (to put it mildly) of the Russian authorities in Middle Eastern affairs. the level of orientation in the local cuisine of our foreign ministry, defense and military personnel personally approximately corresponds to Rosneft.
this is the question of the appropriateness of the Syrian campaign, assistance to the Haftar in Libya, etc.

Apparently you have more information channels than in the Kremlin.
Is it expensive to keep your analytical center and receive information from your SVR?

this is to the question of the appropriateness of the Syrian campaign

Your analysts in your center do not see the need and expediency in the Syrian company?

In fact, envy overcomes. I sin.

stupidity of Rosneft once again confirms the general stupidity

Maybe you should work in Lukoil? Vryatli they will refuse such a specialist, with such channels for obtaining relevant information. And you vryatli will refuse a 6-digit salary amount. But if there are any extra ones, you can always help pensioners

It's great that people of your level and your competence in international and Middle Eastern affairs visit this forum and leave such valuable comments. Satanovsky smokes, and I just arrive in euphoria. You must be sent to the Kremlin instead of him - you will give lectures to our Security Council and the non-Putin Putin with Shoigu.

[St Petrov]

Although you probably should immediately make you the head of the Foreign Ministry. What am I really. I am trifling

[protoss]

I got involved with the civil service 10 years ago. I won’t go back to this fool
so let there graduates of the past - those who are well-fed children of fat parents - play geopolitics.

[protoss]

Quote: s-t Petrov

fishing all over the channels for obtaining information from you more than in the Kremlin

these channels, if any, either give the Kremlin disinformation, or the Kremlin does not know what to do with the information. rather, the second.
I don’t need any channels, it’s enough more or less to know the history of the region and from time to time to follow the news from there. plus, the ability to analyze what your Satan's problem is, for example, trouble.

[hotrod]

Protoss, well, if you don’t know anything about the oil of Kurdistan and Iraq, except what is written specifically in this article, what is there to play in analytics? I will say that Gazprom Neft has two daughters, one working with Baghdad, the other with Erbil. Risks are considered and very good. Will arrive either there or there. Rosneft in the energy market has made many interesting projects of a geopolitical (geo-energy) nature, that I doubt that the loss of Kurdish oil was an empty risk or a miscalculation.

[protoss]

I don’t know much about Kurdistan oil, but apparently more than in Rosneft. Why did you drag Gazprom? are they the same stupid? quite possible. Kurdistan’s independence was knowingly doomed. as soon as they declared a referendum, it became clear that they would be nipped. you need to be specifically insane in order to subscribe to Kirkuk oil from the barzani in anticipation of the referendum, given that the Kirkuk and wells are long and tight under Talabani, and they (hero and sons, since Jalal was at death) are going to redirect oil to Iran, which they did - they are now carrying 36-ton oil tankers (but I think soon Baghdad will push them away from the feeder). and the friend of our Erdogan’s oil pipeline from ovak to ceyhan, who didn’t bother with Rosneft in real estate investors.
at the same time, everyone rejected the tempting Kurdish offer - both the British and the Turks, etc., so apparently they and their analysts are also better than Rosneft.

[gdemokrator]

Unfortunately, it was a great and legal way to steal money from an office with a state. participation. How much kickback the Kurds will not matter, it’s bad that such people are around the head of state, unfortunately this is a scourge of Russia.

[uav80]

Quote: Santa Bear

and count a billion nowhere

It’s just that the payloads are not indexed to their employees in the next year, but they’ll cut off the bonus as well, here’s the profit, what’s the first time to do the “optimization” of expenses ...

[ariman1]

You would also ask where they paid $ 25 billion in advance from China. Now, even if tomorrow Sechin is paired up with his boss, all the same the debt will remain

[Alexey RA]

Quote: x.andvlad

Maybe you had to first wait for a stable situation in the region?

With the same success, one can expect a calm situation on the border between Israel and Palestine.

[japs]

Then oil would be worth world prices! Hucksters wanted to quickly "weld".

[stas]

To whom the war and the royal hucksters only profit. For what we are fighting in Syria, for the profit of hucksters.
VKS showed themselves from the best side, and the royal hucksters as always showed their capitalist rot.
Capitalism in both Russia and Ukraine is equally rotten. Kings are only different.

[just exp]

in, especially with such amounts.
the one who decided to make such an advance must be suspended by the testicles.

[Stirbjorn]

"Effective management" - you can’t better say if you took this billion from the budget

Rosneft cannot afford to pay top managers less than global companies, otherwise it will encounter an overflow of personnel, said company president Igor Sechin, speaking at a shareholders meeting in St. Petersburg.
“Information about individual income is confidential,” he emphasized. “The size of the incomes of Rosneft's top managers corresponds to the level of incomes of top managers of large Russian companies, and it should be comparable with the size of remuneration in world oil and gas companies, otherwise we will encounter an overflow of personnel. The presence of such personnel allows us to make technological breakthroughs, ”said the president of the company.

[Esoteric]

Quote: Stirbjorn

The income of Rosneft's top managers corresponds to the income level of top managers of large Russian companies, and it should be comparable with the size of remuneration in world oil and gas companies, otherwise we will encounter an overflow of personnel.

And the size of the terms of imprisonment in places "not so remote" for these top managers should be commensurate with the terms under the article "For the theft of state property in especially large amounts"? They are ready to stretch their butt at ... gold mines?

[Cat Marquis]

Well, nevermind yourself as the main "effective manager" "thrown" .... 1 billion "evergreen" -that is the "effective management" in action ... It can be seen now, gasoline will rise in price and then everything else, not the same grandmother beat back .. Not cool, and after that, these gentlemen say that workers in Russia have such low salaries because of the "low productivity" of their labor .... how much is Sechin's salary there ?.

[Overlock]

these managers snickered, who appointed them to the leaders? Can withhold salaries forfeit?

[Sling cutter]

Quote: Overlock

these managers snickered, who appointed them to the leaders?

Guarantor.

Quote: Overlock

Can withhold salaries forfeit?

Enlighten !!!

[Overlock]

it was a cry from the soul. I already know to whom these renegades should be thankful

[Mikhail m]

Quote: Stirbjorn

The income of Rosneft's top managers corresponds to the income level of top managers of large Russian companies, and it should be comparable with the amount of remuneration in world oil and gas companies

And about the size of the remuneration of the remaining working Russian companies there is no question. Just amazing care about the income of the ultra-thin layer. The rest of the sandwich will survive on beggarly earnings, he still has nowhere to go.

[voyaka uh]

Rosneft should buy T-90 tanks from the MO and pass on to the Kurds
to protect Rosneft oil!
What Sechin-the silovik or who ???

[Herculesic]

Kurds for this billion will buy from Israel "Merkava 1i2", heels f35 and all will be given to Sechen for the defense of his cottages

[Esoteric]

Quote: voyaka uh

What Sechin-the silovik or who ???

He is a translator. Caravans with ... oil for the cordon translates. Found the security officer, after the military department and the security forces?

[Going]

But now, this contract is no longer possible to fulfill, the head of the Finance and Economics Committee of the Kurdistan Parliament, Izzat Saber, admitted.

The East is the case, the more it is impossible to give advances.

[Dezinto]

Someone, somewhere, will not buy two Lexus? Well, just sadness, very worried. Voooot is so interesting.

Somehow I remember the song:
"it’s like that, after all, it’s a common gas, and dreams come true only for you."

[Santa bear]

Rather, somewhere someone will buy less bread and receive a smaller pension. A Lexus will be purchased by anyone in full

[Herculesic]

Well, that's right, the Kurds threw our loot presses ! And now Rosneft will return this money, baryzha gasoline in the Russian market - wait for the price increase! !!

[Overlock]

the first thing is to breed suckers? Ukraine Sberbank and VTB threw, now the Kurds. It seems that the public interests of some do not care, personal ones are more important

[The leader of the Redskins]

In the course of “bucks” again jump ...

[Said]

Too muddy billionaire.

[faiver]

hmm, keep paid a billion of personal funds sechina ....

[iouris]

Rosneft plays for a long time. Come fifty years later, we’ll discuss.

[protoss]

over these 50 years, Rosneft will play only in the box

[Alexey Z]

How originally Russia supports terrorist money.

[Overlock]

how about a multi-step?

[Alexey Z]

Well, they will not forget themselves

[APASUS]

Rosneft, I think, will return its billion dollars in two or three months:

As a result, according to Izzat Saber, “the export of oil from Kurdistan decreased from 700 thousand to 200 thousand barrels per day”.

Today a barrel of oil

OIL price 08/11 17:02 - $ 63,45

It’s a completely different matter who allows the state office to make such risky investments, say, investments at the smuggling level. Someone played the top managers of Rosneft, it’s time, in my opinion, to send a kick to retirement!

[Alexey Z]

Or maybe we support terrorists at the state level, as in the good Soviet times?

[nik13]

Well x ul money is not your own, you can take a chance! Now, if Sechin wanted to invest his own, I would probably think a hundred times ...

[gukoyan]

That's what happens when you think not with your head, but with one place)))

[St Petrov]

idol on avatar? Is he only on avatar? Or is his face still visible on the carpet on the wall under the moon?
It's cool to devote your avatar to the fight against cutting. I’m eating from you. But not enough ducks. And pots

[Gradus HuK]

s. Petrov Today, 19:10 There is such a profession, to the "chosen" to lick! Good deal with this matter.

[Thunderbolt]

Where is the money, Igor Ivanovich?

[samarin1969]

Kurds periodically "shoot out" with SAA, Shiite formations. Both those and other comrades-in-arms in the war in Syria. It seems like the Kurds are being fed ammunition, "instructors" and "skies" by the US .... But Rosneft is pursuing its "foreign policy." I hope it does not get to insanity when the Russian "Gazprom" PMCs intersect with the "oil" on opposite sides of the barricades.

[foreman]

Sechin return the money!

[Neputin]

Is it just me noticing, or not? As soon as unpleasant information appears about the actions of our government and the corresponding comments, right away, as "little devils from the snuff-box" completely certain characters come out, which had not been heard for a long time (I can name it very interesting). These characters begin to cheat on commentators who leave “bad” comments about the government, Putin, Putin’s friends, and other camarilla that has settled in and lives in the Kremlin. Guys !, would you share secret information - what are they paying? And maybe we, too, will tear, become "real patriots", huh? And about the info - there’s nothing to comment on here. I believe no one doubts that Sechin and his entourage are crooks and thieves. Yes and with brains it seems not so.

[Stirbjorn]

Yes, there are present, quite a troll (Olgin, or some other) on the salary and I think the administration is aware, so there is only one reaction - complete ignore + complaints to the admins when these guys completely lose their shores. Still, the resource is popular, so the information troops keep their watch

[16112014nk]

To prepare for the population to increase gas prices? And to increase prices in stores? Sechin must compensate for the loss. Medvedev has no money.

[XXXIII]

In June, Rosneft signed a legally binding contract с Kurdistan on the purchase of oil and the expansion of the pipeline to Turkey.

Is Kurdistan legitimate? Nick didn’t seem to recognize ...

To resolve the problem, negotiations are needed with Baghdad, because after the Iraqi army regained control over the disputed territories, exports from the region fell from 700 to 200 thousand barrels per day. To negotiate on how to execute the contract, according to Saber, Rosneft will have to. It is possible that part of the contract may be transferred to Baghdad.

If you count 200 thousand a day for half the current oil price per barrel, it will be $ 6 .000.000 per day .... 2.190.000.000 per year ... a risky contract. but what a lucrative scribe ....

An agreement on cooperation in the oil and gas sector between Rosneft and the regional government of Iraqi Kurdistan was signed in February this year. A contract was signed for the purchase and sale of oil from 2017 to 2019.

"Rosneft" will get out, you won’t spend these bourgeois so simply .... Net profit ▲ 377 billion rubles ($5.8 billion 2016)

[Großer feldherr]

The very Kurdistan for the restoration of which Rosmiya allocated more than a billion dollars "on credit" ?!
Well, of course, it’s not Russian cities that can be restored, it was possible to build a whole affordable housing estate in the same lard, but they preferred to simply throw it away, however, a multi-port building.

[Alarm clock]

It is necessary to start a “Case” .. I think Rosneft has enough sensible managers to assess the risks of such operations with unrecognized Kurdistan. And this was obviously done deliberately, to transfer money to someone

[zoolu350]

Again, the oligarchy of the Russian Federation was kidanuli (or simply the oligarchy of the Russian Federation stupidly stolen), and it will be compensated for by us (taxes and prices), well, not to shake Rosneft ..