Related Articles
Forward article link
Share PDF with colleagues

Baghdad-KRG deal gradually coming on line

The oil-export deal between the Kurds and the rest of Iraq is working, in part, but complexities and differences still bedevil it

After a rocky start, the oil-export deal reached between Iraq’s federal government and the autonomous Kurdistan Regional Government (KRG) last December is now moving towards full implementation. The country was able to get a fresh start with the election of Hayder al-Abadi as head of a new government last September, and following an interim deal, the two sides reached a comprehensive agreement which was embodied in the budget bill passed by the Cabinet on 23 December.  Six months on, exports from the north are on the upswing, especially the component contributing to the federal budget. In January, pipelines going through the KRG exported close to 400,000 barrels per day (b/d), but only abou

Also in this section
ExxonMobil drilling heralds oil era in Guyana
15 June 2018
Keen to add to its production base, ExxonMobil hopes to have the oil flowing from offshore Guyana within two years
Sechin's role in Magomedov arrest under scrutiny
15 June 2018
The arrest of another oligarch with links to the energy industry has raised questions over the motive
Yemen war enters dangerous new phase
13 June 2018
The Saudi-led coalition has embarked on a high-risk strategy to force the Houthis to the negotiating table