Middle East Economic Survey

VOL. LII

No 1

5-Jan-2009

Baghdad Holds Firm On Kurdish Contract Position

The stand-off between Iraqs federal Ministry of Oil and the Kurdistan Regional Government (KRG) over who controls oil resources in the Kurdish north continues to delay the first crude exports from the KRG despite a provisional agreement reached in November, Iraqi Minister of Oil Husain al-Shahristani confirms to MEES.

The November agreement in principle gave a green light for the beginning of...