Friday 28 November 2014 | 11:27
Shaaban: Kurdistan Regional Government can sell its oil, according to Law No. 5 of 2013
The Deputy Chairman of the Energy Committee in the Kurdistan Region Parliament Dilshad Shaaban, Parliament formally recommended that the provincial delegation negotiating with Baghdad to claim the region's share amounting to 17% of the general budget. Said Shaaban said that "the Kurdistan Regional Parliament issued a recommendation to the delegation Kurdish negotiator with Baghdad on the Kurdistan Region's budget includes an emphasis on Baghdad's obligation to pay dues region of the budget, amounting to 17%," pointing out that the 'Parliament authorized the Government of the Territory to sell oil in the event of failure to reach a final solution with Baghdad to provide financial dues. "
He Shaaban out that "the Kurdistan Regional Government can sell its oil, according to Law No. 5 of the 2013 Act to identify and obtain financial benefits for the Kurdistan Region of Iraq from the federal ministries," explaining that "the parliament of the Kurdistan region demanded Wednesday the government submitted a draft law Kurdistan Oil marketing company for the regional parliament. "
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