US EditionKRG, Baghdad Strike Another Oil Deal
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2 Articles
KRG, Baghdad Strike Another Oil Deal
Erbil and Baghdad say they’ve once again cracked the code on resuming Kurdistan’s long-stalled oil exports — at least on paper. The Kurdistan Region’s natural resources ministry announced Wednesday that 23 delegates, including 17 from Iraq’s oil ministry, have signed off on a new export protocol. Under the deal, KRG will keep 50,000 barrels per day for domestic use, hand the rest to SOMO, and everyone will smile politely while pretending this ti…
The Ministry of Natural Resources of the Kurdistan Region announced an agreement with the Federal Ministry of Oil on the oil export mechanism. In a statement, the Ministry stated that the record of the agreement had been signed by 23 members of the delegations of the two sides, among them 17
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