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Tag: Iraqi News

Iraqi News

Baghdad Revises Oil Export Offer to KRG

The Iraqi cupboard has approved an amendment to the budget law, compensating the Kurdistan local authorities (KRG) for manufacturing and transportation prices of oil produced in the place and obtained through the country Oil marketing employer (SOMO) or the Federal Ministry of Oil. It stated the Federal Ministry of Finance will compensate these expenses in advance at a price of $16 per barrel. Oil…

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