- The Turkish daily Sabah said yesterday that Turkey informed
the US officially that it wants a share of the Iraqi oil at a rate of 10%,
noting that in case that Washington approves the said request, Ankara will
get a 5.5 billion dollars of the oil revenues annually.
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- The paper quoted Murad Murjan, the deputy chairman of
the Turkish justice and development party, as saying that a group of academics
had prepared a study to this effect and it was submitted officially to
certain American officials.
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- Murjan indicated that the said study is based on Luzanne
Treaty which Turkey had signed with Britain during the demarcation of the
Turkish borders with Iraq in 1926. The Treaty states to offer Turkey a
rate of 10 % of the Iraqi oil production.
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- Murjan added that Luzanne agreement has not only confined
to offering Turkey the said 10% rate but also states an obligatory item
for Turkey to get a share of oil companies revenues and from oil transportation
as well as a share from other oil byproducts.
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- Worthy mentioning that the Luzanne agreement which was
signed in 1926 and according to which Turkey was afforded 10% of the oil
revenues in al-Mousel for 25 years. However, Turkey had given up its share
for 500,000 Sterling Pound.
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- http://www.arabicnews.com/ansub/Daily/Day/021228/2002122810.html
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