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Iraq losing MILLIONS per day due to oil export bans

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Oil export bans in Iraq cost millions per day. Kirkuk a major piece of the plot.

Oil export bans in Iraq cost millions per day. Kirkuk a major piece of the plot.

According to a top official, Baghdad’s refusal to allow Kurds to export oil is costing Iraq millions of dollars per day. 

 Iraqi Kurdistan’s natural resources minister said in an interview:

Iraq is losing millions and millions of dollars a day. We lost several billion dollars last year by not exporting from Kurdistan, Ashti Hawrami….

The real cause behind the issue seems to be al-Maliki’s tight grip on the Kurds in the fight to establish borders. Particularly sensitive is the dispute over the city Kirkuk.

Link: Zawya.com

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