Senior Iraqi Oil Expert Mr Tariq Shafiq* commenting on the Iraq Finance Minister, Mr Hoshyar Zebari’s statements on the unpublished Agreement between the Kurdistan Regional Government (KRG) and the Iraqi National Government

My views and conclusion are summarised below: The KRG will receive: 17% (“Ayad Alawi’s” gift, not the Parliament’s, regardless of their true population percentage) + a payment amounting to 17% of the sovereign expenses which is their legal budget obligation + a payment amounting to the net income of the open unspecified or defined oil production for internal consumption (which

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Baghdad-Erbil deal silent on KRG’s surplus oil. By Mohammed A. Salih *

ERBIL, Iraq — The new oil agreement between Iraq’s federal government and the autonomous Kurdish government in the north appears to have left some room for confusion as to what the Kurds should do with the significant amount of oil that they do not export under Baghdad’s supervision. According to the deal signed on Dec. 2, the Kurdistan Regional Government (KRG) pledges to exp

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