World Bulletin/News Desk
Our goal is to export half a million barrels of oil every day to the global markets by the end of the year, Nechirvan Barzani, head of the Kurdish Regional Government, said Wednesday.
"We are open to dialog and negotiations with Baghdad but we want 17 percent from the Iraqi budget. Baghdad acted unconstitutionally by cutting our share of the governmental budget. Oil sales are transparent and appropriate according to the constitution," Barzani told the regional parliament, adding that, "we can’t wait forever for a deal from Baghdad. We can sell our oil."
Baghdad filed a lawsuit against Ankara, after Kurdish oil was sold and transported through Turkey. The selling of the oil bypasses Iraq's national State Oil Marketing Company and violates the country’s constitution, Baghdad claims.
The oil has been sitting in the southeastern Turkish port of Ceyhan for the last six months, while Irbil and Baghdad negotiated an agreement for the oil sales.
The regional Kurdish government, however, says that Baghdad cut their share of the revenues from the national budget and that they are determined to export oil via Turkey in order to compensate for the loss, claiming to do so is a unequivocal constitutional right and in line with 2007's Iraq oil law.
Iraq holds the world's fifth largest known oil reserves with 143 billion barrels.
Mohamed Morsi, Egypt’s first freely elected president, was ousted and imprisoned in 2013 military coup
Opposition talks team raise humanitarian issues with Russian foreign ministry
Four other Saudis who also had "criminal records and have taken part in terror acts" were arrested following the clash on Tuesday morning, the ministry said in a statement carried by state news agency SPA.
War-torn Yemen has so far received only small fraction of $2.1 billion requested by UN, humanitarian official says
Residents of Zabadani and Madaya, two towns near Damascus under siege by government forces, will leave their homes in return for the evacuation of Fuaa and Kafraya, two mainly Shiite towns in the northwest besieged by the rebels, the Syrian Observatory for Human Rights said.
Two missiles hit a vehicle on the outskirts of the town of Mudiyah in Abyan province, killing all four people inside, the official said.
Appeal comes as Arab leaders prepare for this week's Arab League summit in Jordan
A senior Syrian government official warned on Sunday that the Tabqa Dam had already been damaged by US led air strikes
No damage reported in attack carried out by Houthi rebels in Yemen
Antonio Guterres is also expected to attend one-day Arab summit during his visit to Jordan
Local authorities blame deadly attack -- which also left three attackers dead -- on Al-Qaeda
- More than 1M patients have had operations, and 200,000 Syrian babies born in Turkey since 2011, says Veysi Kaynak
The funds will go towards seven Interpol projects including counter-terrorism, cybercrime and drugs, an official statement said.
Conflicts in Syria, Yemen and Libya are expected to figure high during Arab summit
Coordinator of International Rabia Platform says Egypt's elected president Morsi is in jail, while a 'dictator' is free
Population of northern Syrian city recovers to 80,000 after terror group was cleared in mid-February