Turkey and Iraq agree on KRG oil-UPDATED

Turkish Energy Minister Taner Yildiz has brokered a deal with the Iraqi government regarding deals done over the Kurdish Regional Government's oil reserves.

Turkey and Iraq agree on KRG oil-UPDATED

World Bulletin / News Desk

Holding formal talks in Iraqi capital Baghdad, Turkish Energy and Natural Resources Minister Taner Yildiz met with Iraqi Deputy Prime Minister for Energy Affairs Husayn Shahristani.

Iraqi Deputy Prime Minister for Energy Affairs Husayn Shahristani said they agreed that approval by Baghdad government would be required for any oil export from Iraq.

Iraqi deputy prime minister said the meeting with Yildiz was fruitful, adding that they "brotherly and transparently" discussed the relations between the two countries during the meeting.

He also said they agreed on an approval by Baghdad government regarding any oil export from Iraq.

Following the meeting, Yildiz proceeded to Irbil, arriving late on Sunday, where he will meet prime minister of Iraqi Kurdish regional administration Nechirvan Barzani and attend opening of a conference on oil and natural gas on Monday.

He will also be attending the Kurdistan-Iraq Petrol and Gas Conference, in which 300 firms will be participating.

The Iraqi government in Baghdad had previously objected to Turkey's dealings over Iraqi Kurdish oil without their approval.

On Saturday, unconfirmed reports swept the media suggesting that the Baghdad government had closed its airspace to Turkish planes. However, Iraq's Transport Ministry later denied this.

Last Mod: 02 Aralık 2013, 10:30
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