iraq government kurds strike deal on budget oil exports
Thursday 23 January 2025
Last Updated : GMT 06:49:16
Arab Today, arab today

Iraq government, Kurds strike deal on budget, oil exports

Arab Today, arab today

Arab Today, arab today Iraq government, Kurds strike deal on budget, oil exports

Iraq has agreed for 250,000 barrels per
Baghdad - AFP

 Iraq's government and the autonomous Kurdish region have reached an agreement resolving a longstanding dispute over the budget and oil, in a move seen as a key step in improving cooperation against jihadists.
A statement from Iraqi Prime Minister Haider al-Abadi's office Tuesday said the deal was approved during a cabinet meeting also attended by Kurdish Prime Minister Nechirvan Barzani.
According to the deal, which is due to come into effect at the start of 2015, 250,000 barrels per day (bpd) of oil will be exported from the autonomous region and 300,000 from the disputed province of Kirkuk.
"We have reached an agreement with the Iraqi government which will benefit both parties and whereby we will export 250,000 bpd of regional oil and help the federal government export the Kirkuk oil," Barzani told reporters.
The deal would see oil from the Kurdish region or claimed by its leadership exported via Kurdish pipelines but through the federal oil company.
In return, Baghdad will release the Kurdistan Regional Government's share of national revenue, which had been frozen for more than a year in retaliation for Arbil's efforts to export oil unilaterally.
It will also give a share of its military budget to the Kurdish peshmerga fighters.
"The federal prime minister has expressed his readiness to guarantee one billion dollars from the Iraqi budget for the peshmerga forces," Barzani said.
Abadi's office simply said that the Kurdish military would get a percentage of the federal armed forces' budget.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraq government kurds strike deal on budget oil exports iraq government kurds strike deal on budget oil exports

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iraq government kurds strike deal on budget oil exports iraq government kurds strike deal on budget oil exports

 



GMT 14:34 2016 Sunday ,18 September

Rob Reiner: Donald Trump supporters aiding racism

GMT 13:31 2017 Thursday ,28 September

Fourth gravitational wave is detected, with European help

GMT 06:37 2018 Friday ,05 October

Zenit defeats Slavia Praha in UEFA Europa League

GMT 01:23 2017 Wednesday ,11 October

IMF's Lagarde urges smooth transition for UK

GMT 09:29 2017 Friday ,07 April

FVP Chairs Students Support Fund Meeting

GMT 19:52 2017 Monday ,25 September

Exchange rate stable at major Egyptian banks

GMT 19:31 2016 Tuesday ,22 November

Al-Asiri: No extension of Yemen cease-fire

GMT 22:22 2017 Monday ,02 October

Hughes injury leaves England with No 8 worry

GMT 20:29 2017 Thursday ,04 May

Algerian parliamentary elections kicks off

GMT 01:34 2017 Tuesday ,11 April

Oman takes part in Arab Labour Conference in Egypt

GMT 15:30 2017 Thursday ,30 November

Viagra to be sold without prescription
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday