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Iraq and Kurdistan Sign Oil Export Agreement After Years of Dispute

Baghdad, Apr 4 (EFE) international arbitration, official Iraqi sources reported.

The agreement was signed during a meeting in Baghdad between the Prime Minister of Kurdistan, Masur Barzani, and the head of the Iraqi Government, Mohamed Shia al Sudani, who urged the authorities of his country to “immediately implement” the pact to resume the export and “prevent the budget from being affected”.

“This agreement confirms the serious and sincere desire of the federal government and the Kurdistan government to face all the problems and obstacles that were inherited years ago and whose solution had been postponed,” Al Sudani said after the meeting, according to the official news agency. INA Iraqi news.

Iraqi Kurdistan has been exporting its crude for years (around half a million barrels per day) through the Turkish Kirkuk-Cehyan oil pipeline, something that the central government of Iraq rejects, considering that it violates the Constitution and requires that all Iraqi exports be made with your consent.

However, neither the Constitution nor the laws of Iraq specify how revenue from crude oil exports should be shared.

For this reason, Baghdad had a dispute open against Turkey for nine years before an international arbitration court, and on March 25, it claimed to have won the lawsuit and was open to a discussion about future “mechanisms” for the export of oil from the Kurdistan.

With the signing of this agreement, it will also serve as a precedent to promulgate the new oil and gas law that will soon be debated in Parliament.

“There are files that have been pending for years, and now there is political will and interest for all Iraqis to proceed and deal with all of them in the spirit of the Constitution and the public interest,” Al Sudani said.

He also added that the agreement reached with Barzani “is the result of talks that lasted several days to solve a problem that harms everyone,” and indicated that this dialogue will continue in the future, without specifying details. EFE

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