Baghdad welcomes KRG oil, gas agreements with Turkey

Photo:  Baghdad welcomes KRG oil, gas agreements with Turkey  / Arabic region

Iraqi Deputy Prime Minister for Energy Hussain al-Shahristani has welcomed recent agreements between Turkey and the Iraqi Kurdish administration on oil and natural gas exports to Turkey, provided that the central government in Baghdad is not marginalized in any such agreements .

"We support and seek to increase our oil and future natural gas exports to Turkey," al-Shahristani told Anadolu Agency in an interview. "This is something that we seek to achieve."

However, al-Shahristani stressed that the quantities of Iraqi oil exported to Turkey must be known to the central government, oil must be sold at international market prices, and revenues from oil sales must be channeled to the account of the Iraq Development Fund in New York, in line with previous U.N. Security Council resolutions.

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