Thanks..... that’s interesting
I wondered about Turkey helping out the Kurds when they apparently are against the development of a Kurdistan that might include the Kurdish regions in Turkey.
A little more background:
In exchange for sending 550,000 barrels a day through a pipeline connecting northern Iraq to the Mediterranean port of Ceyhan starting in January, the KRG expected to receive $1 billion a month from Baghdad.
But the precipitous fall in global oil prices has strained Baghdad’s finances. Oil has been hovering around $50 a barrel after more than halving over the past 12 months.
At the same time, the fight against the Islamic State group has become an immense drain on resources in spite of billions of dollars in U.S. military aid.
As a result, payouts from Baghdad remained far short, with monthly transfers never exceeding $450 million, according to the Kurds.
“We do understand that Baghdad faces some financial difficulties
Iraq oil feud renewed as cash-strapped Kurds turn backs on deal with Baghdad
http://www.washingtontimes.com/news/2015/aug/16/iraq-oil-feud-renewed-as-cash-strapped-kurds-turn-/?page=all
August 16, 2015
Since June, the Kurdistan Regional Government, which governs the Kurdish region in northern Iraq, has been ramping up independent oil sales. The KRG says it needs the oil revenue because it is weighed down by the costs of fighting Islamic State militants.
The move is hard for the central government to ignore, analysts say.