PM Barzani calls for new Baghdad-Erbil oil deal
SULAIMANI, Kurdistan Region – The Kurdistan Regional Government is considering altering its oil and budget agreement with Baghdad, KRG Prime Minister Nechirvan Barzani has told reporters.
Speaking to the press during a visit to Sulaimani’s Farouk hospital Sunday, Barzani avoided specifics but said changes must be made to the deal.
“The Kurdistan Region was fully attached, but Baghdad did not stick to the deal… We want to sign a new deal with Baghdad as some of the articles need to be changed,” he said.
“We agreed with Baghdad for 2015 that the Kurdistan Region will deliver 550,000 oil barrels per day and Baghdad would send Kurdistan its revenue share, estimated at 1.2 trillion dinars ($1 billion), but unfortunately they didn’t stick to the deal,” Barzani added.
Speaking to the press during a visit to Sulaimani’s Farouk hospital Sunday, Barzani avoided specifics but said changes must be made to the deal.
“The Kurdistan Region was fully attached, but Baghdad did not stick to the deal… We want to sign a new deal with Baghdad as some of the articles need to be changed,” he said.
“We agreed with Baghdad for 2015 that the Kurdistan Region will deliver 550,000 oil barrels per day and Baghdad would send Kurdistan its revenue share, estimated at 1.2 trillion dinars ($1 billion), but unfortunately they didn’t stick to the deal,” Barzani added.