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Iraqi Kurdistan looks to end oil row with Baghdad

KRG offers to publish oil contracts in order to resume crude exports

Iraqi Kurdistan looks to end oil row with Baghdad
Iraqi Kurdistan looks to end oil row with Baghdad

Reuters reported that the KRG is willing to publish the oil contracts it has signed with foreign firms working in the region.

“The KRG is willing to enter a serious dialogue about the subject, and we are willing completely and in the interest of the Iraqi people to renew exports of crude from KRG fields at a level of no less than 100,000 barrels per day,” Reuters reported a statement from the KRG as saying.

The deals the deals the KRG signed with companies including Heritage Oil, Genel Enerji and DNO had been declared illegal by Baghdad and although oil from the Taq Taq and Tawke fields in Kurdistan stopped being exported in the summer of 2009 after the Iraq central government refused to pay the foreign companies. 

Staff Writer

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