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Iraq
Erbil: we have lived up to 97% of commitments under oil deal, Baghdad only 20%
2015-03-16
[RUDAW.NET] The Kurdistan Regional Government (KRG) said it has abided by 97 percent of its commitments under a key oil agreement with Baghdad, but that in return the central government has lived up to only 20 percent of its financial obligations.

The KRG "is on schedule with the implementation of its crude oil export deal with the federal government, enabling Iraq to increase oil export and revenue at a critically important time for the stability and unity of the country," the Ministry of Natural Resources said in a statement.

"The KRG remains fully committed to the oil deal with the federal government and will abide by the Budget law of 2015," it said.

Erbil and Baghdad finalized an agreement in December whereby Erbil would contribute to the federal budget by daily selling 550,000 barrels of oil for Baghdad.

Baghdad cut off the Kurdistan Region's share of the federal budget in January last year, placing a severe strain on the Kurdish government that is at war with the Islamic State
...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allah around with every other sentence, but to hear the pols talk they're not really Moslems....
(ISIS) and is grappling with received 1.4 million refugees from Syia and the rest of Iraq.

The deal signed in December -- at a crucial time when both Baghdad and Erbil are at war with the Islamic State (ISIS) -- was meant to have mended months of strained ties and disagreements over Kurdish oil exports. The 2015 federal budget had promised the resumption of payments to Erbil to turn the regional government.

The KRG statement complained that Baghdad was not sticking to its end of the bargain.

It noted that Erbil is "on track" with its promised delivery of Kurdish oil at Ceyhan, and was "also facilitating the export of otherwise stranded oil produced by the North Oil Company in Kirkuk."
Posted by:Fred

#1  Kurds know the Shia shit on them for as long as they can get away with it. Its just a matter of time before the Kurds stop playing along and start playing hardball.
Posted by: OldSpook   2015-03-16 20:09  

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