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Economics

Kurdistan PM Moves to Reassure Oil Companies in Kurdistan

The KRG argues that it has exported the agreed amount of oil, while Baghdad denies.

A Kurdistan Regional Government (KRG) delegation is to visit Baghdad to discuss the implementation of the Erbil-Baghdad agreement. The Kurdistan Prime Minister has asked oil companies to resume work. Kurdish member of the Iraqi Parliament Tariq Gardi told BasNews, “A technical committee from the KRG will visit Baghdad soon to oversee Kurdistan oil …

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Baghdad makes $455 million budget payment to Kurds for March

The Iraqi government cut the KRG share of budget in January 2014.

The Kurdistan region received a $455 million budget payment from Baghdad for March, proof the national government honours a deal over the Kurds’ oil policies, the country’s finance minister said on Thursday. Baghdad cut the budget payments in January 2014 over the semi-autonomous region’s plans to export its oil through Turkey but reinstated …

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