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Tag Archives: oil

Turkey welcomes oil deal between Baghdad and Erbil

A statement by Turkey's Foreign Ministry welcomed the deal.

  Turkey welcomed an agreement Tuesday between the Iraqi government and Kurdish authorities over oil revenues and budget. The Iraqi council of ministers approved the deal between the government and the Kurdish Regional Government, according to an official statement on the Iraqi prime minister’s website. “We believe the resolution is very important …

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UN, US Welcome Baghdad-Erbil Deal

The KRG delegation held extensive meetings in Baghdad to reach a deal.

Both the United States and the United Nations welcome an agreement reached by the Kurdistan Regional Government (KRG) and the Iraqi government earlier today on oil and budget disputes. “We congratulate the Iraqi and Kurdistan Regional Governments on reaching a broad agreement on revenue management and oil exports originating from …

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Kurdistan Region and Baghdad Reach Deal On Oil, Budget

In late August last year, the pipeline was attacked by PKK rebels in Turkey.

Iraq’s government reached a temporary agreement with Kurdish regional authorities on Tuesday to end a dispute over oil exports and budget payments to the semi-autonomous Kurdish region. Under the deal, 300,000 barrels per day (bpd) of oil from Kirkuk will be exported via a pipeline running through Kurdish territory to Turkey, …

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