DEAL ON KIRKUK OIL BETWEEN IRAQ AND THE KURDISTAN REGION
Date tabled: 19.11.2018
Primary sponsor: Glindon, Mary
Sponsors: Blackman, Bob Halfon, Robert
That this House warmly welcomes an initial deal between the federal Government in Baghdad and the Kurdistan Regional Government (KRG), as urged by the UK and others, that will allow 50-100,000 barrels per day of stranded oil in Kirkuk to be exported via the KRG pipeline to Turkey and the wider market; considers that this will restore billions of dollars of lost revenue to Iraq and that the KRG’s success in expanding the capacity of its pipeline can be used to export more oil in the future; further considers that this powerfully symbolises the desire of Iraq and the KRG to normalise their relations for mutual benefit; and hopes that this prefigures a wider settlement of all outstanding issues between Baghdad and Erbil based on the full implementation of the federal constitution.