Kurds Want To Manage Oil Independently

Kurdistan's Prime Minister, Barham Salih, asserted that Kurdistan has had a successful oil policy and that any prospective government must allow the region to manage its own oil autonomously, according to a report from Rudaw.

Due to the policy under which the Kurdistan Regional Government (KRG) has signed dozens of contracts with foreign companies independently of Baghdad’s central government, the Kurdish region’s energy sector has seen a significant improvement, said Salih.

But Iraq’s Minister of Oil, Hussein al-Shahristani, has long accused Kurdistan of illegal management of oil and considered all the contracts that the region signed null and void.

“The Kurdistan Region has a clear-cut and transparent policy on oil,” said Mr. Salih, in an exclusive interview with Rudaw, rejecting criticisms from the opposition parties that accused a handful of Kurdish officials of “smuggling” oil for their own benefit.

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