What are the reasons for delaying the resumption of Kurdistan oil exports so far?

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What are the reasons for delaying the resumption of Kurdistan oil exports so far?

Ghaleb Muhammad, a previous member of the House of Representatives, has shed light on the reasons behind the halt in exports from the Kurdistan region. According to Muhammad, the issue lies in the contracts between Kurdistan and the companies responsible for oil extraction and exportation.

In an interview with [a publication], Muhammad stated that the contracts included a full partnership with the Kurdistan government to extract and export oil. He noted that these contracts were recorded at very high amounts that the central government cannot afford to pay.

“He continued, ‘To find suitable solutions for these contracts, we need to add new articles to the general budget law for the year 2024.’ He further pointed out that ‘the central government has the authority to take necessary measures and make decisions to resume oil exports.'”

“He said, ‘Turkey benefited the most from exporting oil directly from the region using its own companies. However, the issue lies in the contracts that Kurdistan made with the companies responsible for extracting and exporting oil.'”

During an interview, Thaer Makhif, a member of the House of Representatives, stated that the resumption of the Kurdistan region’s oil exports had been disrupted due to the government’s adherence to the law and constitution. He emphasized that the procedures and decisions issued by the central government would be binding on the region and subject to all relevant laws.