Friday, March 29, 2024

Baghdad

Urgent – Baghdad, Erbil reach oil export agreement, Budget endorsement

Breaking News ...Baghdad, Erbil reach agreement over exporting oil, endorsing Budget

Baghdad (IraqiNews.com) The Central Government and Kurdistan Region have reached a compromise over exporting the oil and endorsing the Budget.

An informed source stated to Iraqi News (IraqiNews.com) “Kurdistan Region agreed upon exporting its oil thought SOMO Oil Company where the official announcement of the agreement will be within two days.”

“The two sides agreed upon endorsing the General Budget next week after settling the disputes over it,” the source concluded.

UPDATE – 3/21/2014:

Kurdistan Region’s oil export deal announced to the public on 3/21/2014. IraqiNews.com was the first news source to reveal the expected deal 2 days before it was publicly announced. Deal details and US Embassy announcement welcoming the deal can be read here: Kurdistan Region’s oil export announcement welcomed by US Embassy

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