Middle East Economic Survey

VOL. LIII

No 37  

13-Sep-2010

IRAQ

Baghdad Slams KRG Gas Deal Amid Mounting Tensions

Iraq’s Ministry of Oil has denounced a 26 August gas agreement between the Kurdistan Regional Government (KRG) and German firm RWE, which aims at supplying the proposed 31 bcm/year capacity Nabucco pipeline with Kurdish gas, as “invalid and illegal.”

The ministry statement follows a tentative thaw in what have been tense relations between Baghdad...