Kurds Warm To Oil Exports From Iraq

Kurds warm to oil exports from Iraq | UPI

Iraqi Oil Minister Hussain al-Shahristani said his Kurdish counterparts, however, might not receive "full authority" to develop independent oil contracts "because (oil) is a national treasure that belongs to all Iraqis."

Oil from the Kurdish provinces of Iraq could technically begin soon, though the decision ultimately lies in developments from Baghdad, officials said....

Iraq is still without a federal law governing the oil and gas sector in the country. Meanwhile, no government has emerged from March 7 elections for the Council of Representatives.

The Kurdish and central governments have been at odds over oil deals signed with foreign companies. Baghdad says any independent deal with the KRG is illegal. Read more.