Iraq’s autonomous Kurdistan region halted its oil exports on Sunday, accusing the central government in Baghdad of failing to make payments to companies working there in the latest clash in their long-running dispute over oil rights.
Iraq’s autonomous Kurdistan region halted its oil exports on the weekend, accusing the central government in Baghdad of failing to make payments to companies working there.
Iraq’s autonomous Kurdistan region has halted its oil exports because it says the central government in Baghdad has failed to make payments to companies working there, the Kurdistan Regional Government said on Sunday.
Iraq’s Kurdistan Region is set to increase its oil production to 100,000 barrels per day (bpd) following a decision by the federal government to pay Iraq’s dues to the foreign companies operating in the region, AK News has reported.
The export of oil from the Kurdistan Region of Iraq has been stopped from today because the federal government in Baghdad has not honoured its payment commitments, the Ministry of Natural Resources…