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Tag Archives: KRG

Erbil-Baghdad Oil Relations Swing Between Deal, No Deal

Workers adjust a valve of an oil pipe in Tawke oil field near Duhok.

Encouraged by more international interest in purchasing its oil, coupled with the apparent failure of the federal Iraqi government to provide agreed-upon budget handouts, the autonomous Kurdistan Regional Government (KRG) has embarked on a new policy of unilateral independent oil sales. Since the beginning of June, the KRG has unilaterally sold the bulk of oil produced …

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Kurdistan Cuts Out Baghdad in Oil Sales

The Kurdistan Regional Government decided last month to sell its daily production of 650,000 barrels direct to international markets.

  The decision by the Kurdistan Regional Government (KRG), taken in recent weeks, marks the latest escalation in a long-running feud with Baghdad over oil receipts. The KRG decided last month to sell its daily production of 650,000 barrels direct to international markets. Previously, it sold most of its crude …

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