An amendment to Iraq’s Federal budget which could allow a pathway towards resolving the oil impasse with the Kurdistan Regional Government (KRG) has failed to pass parliament. Several Shia lawmakers obstructed the government’s attempts to pass the legislation which would increase the per-barrel fee to Kurdistan IOCs from $6.90/B to $16/B (MEES, 8 November 2024).
The proposed change, which was backed by governments in both Baghdad and Erbil, had already met opposition from anti-KRG MPs at the parliamentary finance committee (MEES, 17 January). (CONTINUED - 1579 WORDS)
