BREAKING NEWS

Oil exports from Iraq's Kurdish north to resume

By ASSOCIATED PRESS

DECEMBER 25, 2010 18:56

CAIRO— Iraq's newly appointed oil minister said on Saturday that oil exports from the country's northern self-ruled Kurdish region would soon resume as part of the country's national oil export policy.

The Kurds have sought greater control over oil in their crude-rich region while Baghdad has argued that the oil is a national resource, under the central government's control.

Iraqi Kurds have unilaterally signed more than two dozens oil deals with Western companies that are deemed illegal by Baghdad. Exports were halted a few months after they started in June 2009 amid a disagreement over payments.

Abdul-Karim Elaibi told The Associated Press the exports from the Kurdish region would be resumed "in the coming few days." He didn't set a date or elaborate on how the exports would be part of the nation's export strategy.

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