News / Middle East

Iraq, Kurds Close to Deal on Oil Exports, Revenue

Turkish Energy Minister Taner Yildiz (L) and his Iraqi Kurdish counterpart Ashti Hawrami hold a press conference in Arbil, the capital of the autonomous Kurdish region in northern Iraq, Dec. 2, 2013.
Turkish Energy Minister Taner Yildiz (L) and his Iraqi Kurdish counterpart Ashti Hawrami hold a press conference in Arbil, the capital of the autonomous Kurdish region in northern Iraq, Dec. 2, 2013.
Reuters
Iraq and northern Kurdistan appear to have found a formula that will allow the autonomous region to export oil to Turkey in a new pipeline, a step towards resolving a long-running dispute over land and oil rights.
 
Turkish Energy Minister Taner Yildiz said on Tuesday an agreement over oil exports and revenue sharing could be reached this month. Iraqi Oil Minister Abdul Kareem Luaibi shared his optimism.
 
“There are no issues,” Luaibi said at a briefing ahead of an OPEC meeting in Vienna. He said technical, trilateral talks would take place in days to finalize details over revenue sharing and metering.

“There are some meetings that will be held to set the measures.”
 
Luaibi said the central government would retain control over the oil revenue, which would be shared with the Kurds.
 
Yildiz traveled to Baghdad on Sunday and met Iraq's Deputy Prime Minister for energy Hussain al-Shahristani, part of efforts to appease the central government following a multi-billion dollar deal Turkey clinched last week with the Kurdistan Regional Government (KRG).
 
“We have held talks with both Baghdad and Arbil to set up a three-way mechanism. We have had very positive talks,” said Yildiz.
 
“Both the agreements that Turkey has done with the central government and the contracts with northern Iraq are steps that smooth the path of Iraq.”
 
Turkey's energy deals with the Kurdish north of Iraq effectively bypass the central government in Baghdad, which claims sole authority to manage Iraqi oil and says independent Kurdish oil exports would be illegal.
 
Turkey is keen to move the process forward through a three-way mechanism which also includes Baghdad. But the central government might prove hard to persuade, having for years resisted Arbil's moves towards direct exports.
 
“Baghdad is trying to find a solution to this, but doesn't want to lose face either,” said Cuneyt Kazokoglu, Consultant at FGE. “They don't want it to look like this deal happened despite them.”
 
A new pipeline from Kurdistan's Taq Taq oil field is complete and ready to receive flows, the enclave's natural resources minister Ashti Hawrami said on Monday. It is expected to carry around 300,000 barrels per day (bpd) of oil, which Hawrami says will be ramped up towards 1 million bpd by 2015.

You May Like

Obama: I Will Do 'Everything I Can' to Close Guantanamo

US president says prison continues 'to inspire jihadists and extremists around the world' More

Sierra Leone Educates on Safe Ebola Burials

Also, country is improving at rapid response to isolated outbreaks, but health workers need to be even faster, officials say More

Religion Aside, Christmas Gains Popularity in Communist Vietnam

Increasingly wealthy Vietnamese embrace holiday due to its non-religious glamor, commercial appeal More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
US Decision on Cuba Underscores Divisions Among Miami Cubansi
X
Sharon Behn
December 19, 2014 9:34 PM
For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video US Decision on Cuba Underscores Divisions Among Miami Cubans

For decades, older, more conservative Cubans have been gathering at Café Versailles on the corner of Calle Ocho to eat Cuban food and talk politics. After hearing of President Barack Obama’s decision, a number of them gathered in front of the café with posters to protest. VOA's Sharon Behn reports on the situation.
Video

Video Three Cities Bid for Future Obama Presidential Library

President Barack Obama still has two years left in his term in office, but the effort to establish his post-presidential library is already underway. The bid for the Obama Presidential Library is down to four locations in three states -- New York, Hawaii, and Illinois. As VOA’s Kane Farabaugh reports, each of them played an important part in the president’s life before he reached the White House.
Video

Video Cuba Deal is Major Victory for Pope’s Diplomatic Initiatives

Pope Francis played a key role in brokering the US-Cuba deal that was made public earlier this week. It is the most stunning success so far in a series of peacemaking efforts by the pontiff. VOA religion reporter Jerome Socolovsky has more.
Video

Video Fears of More Political Gridlock in 2015

2014 proved to be a difficult year politically for President Barack Obama and a very good year for the U.S. Republican Party. Republican gains in the November midterm elections gave them control of the Senate and House of Representatives for the next two years -- setting the stage for more confrontation and gridlock in the final two years of the Obama presidency. VOA National Correspondent Jim Malone has a preview from Washington.
Video

Video Sudan School Becomes Target of Aerial Attacks

The school dropout rate is at an all-time high in Sudan's South Kordofan state because many schools have been destroyed during the three-year civil war between the government and SPLA-N rebel forces. Adam Bailes visited Sudan's Nuba Mountains' region and reports many children are simply too scared to go to school
Video

Video VOA Reporter Tours Devastated Peshawar School

Islamist militants wearing military uniforms and strapped with explosives attacked a military run school Tuesday in the northwestern Pakistani city of Peshawar. At least 141 people were killed in the horrific attack, most of them young students. VOA reporter Ayaz Gul visited the devastated school and attended the funeral of the principal who courageously tried to save her students from the deadly attack.
Video

Video Nigerians Fleeing Boko Haram Languish in Camp Near Capital

In its five-year effort to impose Islamic law in northeastern Nigeria, the Boko Haram extremist group has killed thousands of people and forced hundreds of thousands to flee. Some of those who ran for their lives now live in squalor on the edges of the capital, Abuja. Chris Stein reports for VOA.
Video

Video Aceh Rebuilt Decade After Tsunami, But Scars Remain

On December 26, 2004 there was an earthquake in the Indian Ocean so powerful it caused the Earth’s axis to wobble a few centimeters. Onshore on the island of Sumatra, the resulting tsunami was devastating. A decade later, VOA Correspondent Steve Herman reports from Banda Aceh, Indonesia, where although there is little remaining evidence of the physical devastation, the psychological scars among survivors remain.

All About America

AppleAndroid