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No clarity on Iraq-KRG oil export flap

Mixed messages from Iraq as Oil Minister comes out against Kurdish oil exports.

By Ben Lando of Iraq Oil Report
Published May 13, 2009

By SAMUEL CISZUK
IHS Global Insight

News of a breakthrough in relations between the KRG and the Iraqi central government received a major setback yesterday after Oil Minister Hussein al-Shahristani called the production-sharing agreements (PSAs) between the KRG and IOCs "illegal and illegitimate" in media comments, indicating that while the KRG is allowed to export oil, the oil companies would not be reimbursed for their investment.

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