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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