Kurdistan parliament sets payday ultimatum
Frustrated by the latest federal budget and with new pipeline infrastructure in development, the Kurdistan region is preparing to tell Baghdad: pay us or we will get paid ourselves.
The Taq Taq-Khurmala Oil Pipeline being installed, Oct. 24, 2012. (KAMARAN NAJM/Metrography/Iraq Oil Report)
ERBIL - Kurdistan's Parliament has passed a law that establishes a legal framework for the region's oil-funded economic independence within Iraq's federal system.
The legislation seems destined to spark controversy with leaders in Baghdad, who claim primary authority over Iraq's oil sector and have disputed the legality of the Kurdistan Regional Government's (KRG) autonomy claims. Yet it also represents an important statement of unity within Kurdistan, whose competing parties – often at odds – rallied together behind a law that further codifies the maximalist oil policy the KRG has pursued under Kurdish President Massoud Barzani.
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.
If you are not a registered user, you may purchase a subscription.
