NewsFlash: Shahristani Denies KRG Oil Contracts Agreed

According to a report from Reuters, Iraqi Prime Minister Nouri al-Maliki was misquoted as saying the central government in Baghdad would honour Kurdish production sharing oil contracts,

The agency quotes Deputy Prime Minister with responsibility for Energy, Hussain al-Shahristani, as saying:

"All the contracts we (the central government) have signed were service contracts and we expect that all these (Kurdish) production-sharing contracts should be amended to be service contracts in order to be approved [by the Baghdad government]."

(Source: Reuters)

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