Oil deal imperiled by political discord
Leaders in Baghdad and Erbil aired contrasting interpretations – and contentious arguments – over their cooperative oil and revenue agreement.
KRG Minister of Natural Resources Ashti Hawrami during a speech at the 2015 Sulaimani Forum on March 11, 2015, as Iraqi Oil Minister Adil Abd al-Mahdi looks on. (Source: American University of Iraq - Sulaimani)
SULAIMANIYA - The fragile oil export and revenue sharing deal between Baghdad and Erbil appears to be in renewed danger of collapsing after KRG Minister of Natural Resources Ashti Hawrami publicly accused his federal counterpart of reneging on their agreement.
“Why should we only have received $208 million when we are owed $3.6 billion?” Hawrami said.
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