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 Kurdish delegation in Baghdad for talks on oil 

 Source : VOI
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Kurdish delegation in Baghdad for talks on oil 31.1.2007






Erbil, Kurdistan region (Iraq), January 31, - A delegation from Iraq's Kurdistan government is currently on a visit to Baghdad for talks on an oil draft law, Kurdistan government spokesman said on Wednesday.

"A Kurdish delegation led by Kurdistan natural resources minister Ashti Hawrami is currently on a visit to Baghdad to resume negotiations with the federal government on working out a final draft for the oil draft law," Khaled Saleh, spokesman for Kurdistan government, said.

He added "the talks were still going on till a final agreement would be reached on the oil draft law."

"As soon as a final formula was reached, the content of the draft law would be made public," Saleh added.

Two weeks ago, the Iraqi oil ministry spokesman Aasem Jihad said a draft law for oil investment in Iraq, including Kurdistan region, was worked out by his ministry and was sent for the Iraqi parliament. 

Flash Video - ROJ TV

Iraq's Kurdistan government immediately voiced concern over the new draft law as no consultation was made with Kurdistan region over the proposed oil law.

Kurdistan Prime Minister Nechirvan Barzani told reporters last week a new round of talks would soon start between his government and the federal authorities in Baghdad on working out a formula for an expected oil law that regulate investment in the oil industry throughout Iraq including Kurdistan region.

Barzani pointed out the new law is expected to handle 60 percent of the lingering issues between Baghdad and Erbil over oil and the distribution of its revenues.

Kurds demand a free choice of the companies that would invest in oil within Iraq's Kurdistan, a right to sign oil contracts with no intervention from the central government in Baghdad, and an increase in the oil revenues allocated for Kurdistan region from the present 17 percent up to 20 percent of the total oil revenues in the whole Iraq.

VOI  

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