Politician: Oil smuggled from Kurdistan region is sold for less than half its value

Politician: Oil smuggled from Kurdistan region is sold for less than half its value

8-15-2024

Politician - Oil smuggled from Kurdistan region is sold for less than half its valueInformation/Baghdad
Independent politician Adnan Abdullah confirmed on Thursday that oil smuggled from the Kurdistan Region is sold for less than half its value.

Abdullah told Al-Maalouma, “The region smuggles about 300 thousand barrels per day, and this is no secret, and the government and all political forces know about it.”

He added that “smuggled oil is sold for less than half its value, and this is what prompts some brokers in neighboring countries to deal with the smuggling file due to the large profits, noting that “mutual interests with some forces in Baghdad prompt not to open this sensitive file.”

He pointed out that “oil smuggling is illegal and represents a drain on the national wealth, which must be preserved by everyone and managed by the federal government.”

It is noteworthy that oil smuggling operations from the Kurdistan region have been ongoing for years by some of the ruling parties in the region.

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