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Rudaw

Kurdistan

KRG PM: Kurdistan can sell oil without Baghdad approval

By Rûdaw 17/6/2015
Kurdistan Region Prime Minister Nechirvan Barzani. Photo: Rudaw
Kurdistan Region Prime Minister Nechirvan Barzani. Photo: Rudaw

ERBIL, Kurdistan Region — The Kurdistan Regional Government can directly export its oil to world markets without going through Baghdad, Kurdistan region Prime Minister Nechirvan Barzani claimed following a meeting with other Kurdish factions Wednesday.  

In the meeting that was held to discuss Iraq and Kurdistan region affairs, Barzani shared the KRG’s stance on recent negotiations with authorities in Baghdad. All political party representatives attended the meeting. They also shared their views about Baghdad-Erbil agreements regarding oil and budget shares.

The KRG exported over 17.9 million barrels of crude oil—an average of 557,621 barrels per day—in the month of May, said The Ministry of Oil and Natural Resources in a statement released earlier this month. According to the latest Baghdad-Erbil agreement, the KRG should send only 550,000 bpd through the Kurdistan pipelines to Ceyhan in Turkey.

As stated in the latest oil and budget agreement on the Kurdistan and Kirkuk oilfields, Baghdad must pay the KRG 1.2 trillion Iraqi dinars, worth more than $1 billion. However, the Baghdad government has been consistently short on its end of the deal, paying only $409 million in April.

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yad | 17/6/2015
What do you mean by that Baghdad should send 1.2 trillion dinars it is really funny Abadis failure Iraqi usually trick people and leaders of Kurdistan so thia time KRG would be joked by Abadi, Please return your mind back and think about his game are being played against Kurdistan.
Mo | 17/6/2015
Less talk and more action please, it's been a year now! just start selling the damn oil, we have 6 million people to feed and almost 2 million refugees, F Baghdad I hope it burns down to the ground,
Oilwatcher | 17/6/2015
According to Rudaw's interpretation of the latest Baghdad-Erbil agreement, the KRG should send only 550,000 bpd through the Kurdistan pipelines to Ceyhan in Turkey. This, of course, is the required average for the full year. Has the KRG achieved this average yet? No! Very misleading to mis-quote numbers in this way. The KRG should eventually reach the full year target but it has not done so yet
Submit | 17/6/2015
Our politicians wouldn't understand stall tactics even if it hit them on the back of the head. That's when your counterpart looks you in the eyes, smiles, humbly gives the impression to genuinely wanting to "solve" all outstanding issues, agrees to most of your demands, signs agreements but never implements them fully. And when it gets bad and is about to break down they either implement a small part of the deal or send new faces to make a "new deal", and on and on it goes until they have you where they want you. The Iranians are masters of this tactic in case anyone was wondering where Baghdad was getting their instruction, the Iranians have even wrapped Washington around their little finger with the exact same tactic.
Muraz Adzhoev | 17/6/2015
The whole story about this so called oil agreement or better to say just commercial deal between Baghdad and Erbil became too much boring, Mr. Prime-minister. Is not it the right time to act at last as the government of nonrecognized yet, but de-facto independent Southern Kurdistan? What are you waiting for?

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