KRG lost authority over Kurdistan region’s oil and other res

[jr5681]

KRG lost authority over Kurdistan region’s oil and other resources, new Iraqi law

1/18/2007 KurdishMedia.com
London (KurdishMeida.com) 18 January 2006: The Kurdistan Regional Government has lost control and authority over Kurdistan region's oil, according to the new Iraqi law.

The new Iraqi law gives control over oil all-over Iraq including Kurdistan Region to the Iraqi central government. According to this new law, which would be approved by the Iraqi Assembly, all the contracts, including those between KRG and any oil companies, would be reviewed and would be controlled by the Iraqi central government. The Iraqi oil ministry will have total authority over oil resources in what is known as Iraq.

According to the new law central government controls and distributes the oil revenue by population over Kurdistan population and over Iraqi people.

The KRG has kept quiet over this issue, which implies that they have agreed to the Iraqi central government and to the Americans who want to deal with the central government.

This is indeed a blow to the concept of federal Iraq and Iraqi control over oil resources would be the fundamental pillar of re-creating a centralised Iraqi government. KRG has always argued that it controls the mineral resources in its region, but as it appears, they have lost this control. The KRG argued that the Iraqi constitution supports their claim. Whether the KRG has agreed to change the Iraqi constitution, which they regard as their “historic” achievement, remains to be seen.