AM:10:37:26/08/2025
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NRT has learned that the Kurdistan Regional Government (KRG) has not yet signed the minutes of understanding with Baghdad on oil and non-oil revenues, which include a demand for an additional $3 per barrel in transportation fees for oil delivered by tanker from fields far from the pipeline.
According to sources, the Iraqi Council of Ministers is scheduled to meet on Tuesday to review the committees’ report on oil and salary issues. On non-oil revenues, the KRG insists on handing over half of its income—about 50 billion dinars monthly—and expects Baghdad to disburse 120 billion dinars if the agreement is implemented retroactively from July.
The advisory committee, which will assess oil costs in the coming two months, has been urged not to alter existing contracts. Meanwhile, final consensus has not yet been reached, as the KRG has withheld its signature. A decision from Prime Minister Mohammed Shia al-Sudani on the KRG’s salaries is expected today, though sources note that such a move would rely on decisions made by the outgoing government.