Tuesday, 13 September 2011

Bickering in Iraq over oil revenue hurts country - The National

A long-running oil dispute between two centres of power in Iraq has reignited.

Exports from Iraqi Kurdistan, the semi-autonomous region in the country's north, have slowed from 160,000 to 50,000 barrels per day (bpd) over the past two weeks.

The Kurdish regional government said in a statement that the drop stemmed from difficulties with export infrastructure, while Abdul-Kareem Luaibi, the oil minister in Baghdad, said the decline would hurt the economy in Kurdistan and the rest of Iraq.


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