Kurdish leader says oil deals will stand despite Iraqi gov't opposition
By JERUSALEM POST STAFF
The prime minister of Iraq's self-ruled Kurdish region says oil deals the Kurds have signed unilaterally with foreign companies will stand despite opposition from the Iraqi central government.
The Shi'ite-led government in Baghdad considers any deals signed by the Kurds illegal since the country has not yet finalized a new national oil law.
But Prime Minister Nechervan Barzani says the more than 20 production-sharing contracts the Kurds have signed with international oil companies since they drafted their own oil and gas law in August 2007 are "irreversible."
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