Skip to comments.Kurds Confirm Initial Oil Payment from Baghdad
Posted on 10/09/2012 8:47:20 PM PDT by Rabin
BAGHDAD The Kurdistan Regional Government (KRG), confirmed Monday that it had received an initial $547 million payment. "We can confirm receipt by the KRG of the first portion of the money which is 650 billion Iraqi dinars Baghdad will pay the KRG IQD1 trillion, some IQD650 billion out of which will be paid now, while the remaining IQD350 billion will be paid either by the end of this year or the beginning of 2013, depending on the central government's budgetary procedures. This agreement comes after KRG suspended crude oil exports of nearly 100,000 barrels a day in April, citing a $1.5 billion backlog owed by Baghdad.
(Excerpt) Read more at rigzone.com ...
KRG/Iraq, Turks / Pkk, really need to shake and bake.
Oh, thanks for thinking of us you putz’s...
The Kurds are in the middle of the Syria/Turkey fighting and Iran / Turkey proxy fighting. They could be wiped out, forced into Iraqi Kurdistan or get an independent country out of this.
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