In the coming hours, an oil agreement is imminent between the Baghdad and Erbil governments.
In the coming hours, an oil agreement is imminent between the Baghdad and Erbil governments.
2025-07-08 | 04:14
Expectations indicate that an oil agreement is imminent between Federal Government And the region Kurdistan It may be put on the table today. Iraqi Council of Ministers For a vote, it is expected to enter into force within the next few days. This agreement holds a glimmer of hope for resolving the region’s long-standing employee salary crisis.
Stated Sabah Sobhi, member Oil Committee Gas and natural resources in House of Representatives The expected formula for the agreement stipulates that the regional government will hand over 300,000 barrels of oil per day to…Federal Government via Oil Marketing Company” SumoIn return, the federal government will grant the region 46,000 barrels per day for local consumption and refining.
Expected Sobhi This agreement will be announced and signed within the next few hours, and will be presented to Al-Youm. cabinet To be voted on, the agreement aims to end the suffering of the region’s employees and ensure their salaries are paid.
A member of the Oil Committee emphasized that this agreement is viewed as a “good omen,” not only for resolving the oil dispute between the two sides, but also for addressing the issue of delayed salaries for the region’s employees, who will then be distributed electronically according to previously designated banks.
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