clear

Creating new perspectives since 2009

Revenue from oil exported from Kurdish region be given to Baghdad

February 15, 2022 at 3:24 pm

Kurdish flag near the town of Shingal on 3 August 2014 [Reza/Getty Images]

The top Iraqi Court, on Tuesday, ruled that the law on gas and oil in Kurdish Regional Government (KRG) is against the central government’s Constitution and that the revenue from exported oil should be delivered to Baghdad.

According to the Iraqi state news agency, INA, the members of the Supreme Federal Court discussed the issue of oil exports from KRG, ruling: “The oil and gas law in the KRG is against the Constitution of the federal government (Baghdad) and is not legal.”

The Court obligated the KRG government to inform the Oil Ministry and the Financial Audit Court about the oil and gas export agreements.

“The oil revenues exported from the region should be handed over to the Oil Ministry of the central government,” the court ordered.

READ: Iraq pays last chunk of $52.4bn Gulf War reparations, says UN