Kurds, Iraqiya block budget over oil payments
Kurdish legislators rallied allies to block vote on 2013 budget Tuesday, pressuring Baghdad to increase allocations for KRG oil contractors.
Tankers dock at the Al-Basra Oil Terminal. (BEN LANDO/Iraq Oil Report)
UPDATE: Parliament met briefly Wednesday, but lost quorum before voting on the entire budget. It is expected to reconvene Thursday.
BAGHDAD - Parliamentarians representing the semi-autonomous Kurdistan region have succeeded at blocking a vote on Iraq's $118 billion 2013 budget, as a dispute over oil exports and payments to Kurdish oil contractors remain unresolved.
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