View Full Version : Oil Deal Between Kurdistan And Iraq’s Central Government Breaks Down Again

12-26-2012, 08:08 PM
In September 2012, the Kurdistan Regional Government (KRG) came to its third agreement with Iraq’s central government over oil exports. The deal was hailed as a breakthrough between the two after the KRG halted its shipments in April. That overlooked the fact that the root of the problem between the two, the Kurds’ independent oil contracts, was never resolved. There was also a technical issue in that Kurdistan could not reach the production levels it agreed to as quickly as scheduled. That opened the door for Prime Minister Nouri al-Maliki’s government to claim that the KRG had not fulfilled its obligations, which has led to the current impasse. The agreement between the regional and central governments has not officially come apart, but in effect it has.

continued (http://www.musingsoniraq.blogspot.com/2012/12/oil-deal-between-kurdistan-and-iraqs.html)