Saturday 15 November 2014

Kurds say deal reached with Baghdad over oil, salaries

OIL AND GAS
Kurds say deal reached with Baghdad over oil, salaries
Arbil, Iraq (AFP) Nov 13, 2014 - Iraq's autonomous region of Kurdistan said Thursday it had reached a breakthrough deal with Baghdad in a long-standing dispute over oil sales and salary payments. The Kurdistan Regional Government (KRG) said Baghdad had agreed to a $500 million payment in exchange for the transfer of 150,000 barrels of Kurdish oil per day to the federal government. The deal was reached at a meeting in th ... more


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