15 Dec, 23

Iraq Considers Budget Change to Restart Oil Flow From Kurdistan

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Iraq’s government is studying options for amending its budget in order to be able to pay foreign companies operating oil fields in Kurdistan in a bid to restart the flow of oil from the northern semi-autonomous region. “We are discussing the draft amendment of the relevant article along with the parliamentary financial committee,” Prime Minister Shia al-Sudani told Bloomberg, adding that companies operating in Kurdistan “are waiting for the amendment to be done on this article in order to be able to pay for the production…

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