Oil ministers meet, budget deadlock worsens
After a tense face-to-face negotiation between top central government and KRG oil officials, the 2013 budget is more stuck than ever in the conflict over Kurdistan's oil exports.
Members of the Iraqi Parliament gather for the formation of a new government on December 21, 2010, in Baghdad. (ALI AL-SAADI/AFP/Getty Images)
ERBIL/BAGHDAD - Iraq's draft 2013 budget, first passed by the Cabinet in October, looks no closer to being made law, after an acrimonious meeting between top oil officials representing the Kurdistan Regional Government (KRG) and Baghdad.
KRG Minister of Natural Resources Ashti Hawrami held direct talks Wednesday morning in Baghdad with federal Oil Minister Abdul Karim Luaibi. The meeting had inspired some hope for a breakthrough in budget negotiations, which had stalled over the multi-billion-dollar question of federal funding allocations to Kurdistan's oil contractors.
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