Monday, January 6, 2025

Retrospectively.. Details of an agreement between Baghdad and Erbil to resume the region’s oil exports revealed, 6 JAN

 Retrospectively.. Details of an agreement between Baghdad and Erbil to resume the region’s oil exports revealed

1/4/2025  Special

The Parliamentary Oil and Energy Committee revealed, on Saturday, the details of an agreement between Baghdad and Erbil to resume exporting oil extracted from the fields of the Kurdistan Region of Iraq.

Committee member Nahro Mahmoud said in an interview with Al-Rabia, "There was an agreement between the government delegation in the federal government and the Kurdistan Regional Government of Iraq," indicating that "the main dispute was over the cost of extracting and transporting the oil produced in the region and then exporting it."

He added, "The agreement stipulates amending the three-year budget law and allocating $16 as a temporary cost until one of the international consulting companies in this field is hired and given a period of 60 days."  LINK

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