Copy of Iraq: Baghdad Reaches Final Deal With Kurds

Iraq: Baghdad Reaches Final Deal With Kurds

December 2, 2014 | 1313 GMT


The Kurdistan Regional Government, known as the KRG, and Iraq’s federal government have reached a final agreement on energy and military matters that has been approved by Iraq’s Cabinet and will be implemented at the beginning of 2015, Shafaq News reported Dec. 2. Under the agreement, the KRG will export an additional 250,000 barrels of oil to the Turkish port of Ceyhan under the supervision of Iraq’s national oil export company, the State Organization for Marketing of Oil, and the disputed Kirkuk oil fields will export 300,000 barrels of oil per day through a KRG pipeline. Baghdad will provide the KRG their 17 percent share of the national budget and will pay 1.2 trillion dinares ($1 billion) to the Kurdish peshmerga, who are fighting the Islamic State in Iraq and in Syria.