Possible Turkey-Iraq-Kurdistan Oil Deal This Week

By John Lee.

Iraqi Oil Minister Abdul Kareem Luaibi [Elaibi] (pictured) said on Saturday that he is optimistic Baghdad will soon come to an understanding with Turkey over a contested oil-export agreement with the Kurdistan Regional Government (KRG).

According to a report from the Wall Street Journal, he said Turkey understands that it can’t enter any oil deal without Baghdad, and that both the central government and Kurdistan could come to an agreement over the subject on Wednesday.

Turkey’s energy minister, Taner Yildiz, said Ankara will continue to help create a trilateral mechanism that resolves disputes between Erbil and Baghdad, paving the way for Kurds to export oil via Turkey.

(Source: WSJ)

One Response to Possible Turkey-Iraq-Kurdistan Oil Deal This Week

  1. Re da Caste December 25, 2013 at 10:05 pm #

    Is Luaibi capable of any decisions at all without asking the communist Shahristani? Not until now…