Iraqi Oil Minister to Visit Erbil: may cancel oil agreement 8/30
Iraqi Oil Minister to Visit Erbil
ERBIL – With disputes between the Kurdistan Regional Government (KRG) and the Iraqi Central Government remaining unresolved, Baghdad is planning to cancel previous agreements, and block Erbil’s share of budget for 2016.
Kurdish Member of the Iraqi Parliament Adil Nouri told BasNews that because of the significant drop in the price of oil on international markets, the Iraqi federal government might reconsider its relationship with the KRG.
MP Nouri believes that Erbil should plan for independent oil exports, as Baghdad is not willing to show commitment to the previous Erbil-Baghdad agreement.
The regional and central governments openly accuse each other of violating the agreement.
He revealed that Iraqi Oil Minister Adil Abdul-Mahdi is planning to meet KRG Prime Minister Nechirvan Barzani in the near future in order to conclude negotiations, “whether to continue or cancel the previous accords.”
BasNews understands that PM Barzani is deeply concerned about the relationship as the Iraqi government regularly violated the Erbil-Baghdad agreement during 2015.