KRG transfers $10 mil. to Kirkuk

Kurdistan Regional Government (KRG) allocated $10 mil. to Kirkuk Province, Head of the Kirkuk Province Council Rebwar Talabani confirmed.

ERBIL, Kurdistan Region (K24) – Kurdistan Regional Government (KRG) allocated USD $10 million to Kirkuk Province, Head of the Kirkuk Province Council Rebwar Talabani confirmed.

According to a recent statement released by Kirkuk Province Council, on Tuesday, Feb. 1, USD $10 million ($10 billion IRQ) was transferred to continue currently delayed construction projects in the province.

In 2015, Kirkuk Governor Najmadin Karim signed an agreement stating that KRG is expected to provide two dollars per barrel of oil (bpd) sold to Kirkuk Province Administration.

According to an agreement between KRG and the Federal Government in Baghdad in 2014, KRG was supposed to export 250,000 barrels per day (bpd) from Kirkuk and submit its income to Baghdad. However, this agreement ended in June 2015.

Some Kirkuk Province Council members have criticized the KRG for not paying the province while simultaneously exporting its oil.

Rebwar Taha, a member of Iraqi Representative Council, stressed to K24, “It is necessary that KRG explains what has happened to Kirkuk’s oil income.” He added that the Iraqi Federal Government will not remain silent towards the way Kurdistan Region acts regarding the sale of Kirkuk’s oil independently from Baghdad.

 

Reporting by Gulala Khaled

Editing by Benjamin Kweskin

(Soran Kamaran contributed to this report from Kirkuk)