Officials reach deal to restart northern Iraq oil exports

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Officials reach deal to restart northern Iraq oil exports
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Iraq’s central government and officials from the semi-autonomous Kurdish region reached a final deal Tuesday to resume oil exports from northern Iraq via a pipeline to Turkey.

Iraqi Prime Minister Mohammed Shia al-Sudani and Masrour Barzani, prime minister of the semi-autonomous Kurdish region, announced the deal at a press conference in Baghdad.’s revenues,” Sudani said, adding that the governments would work toward passing a federal law detailing the sharing of funds from oil and gas exports.

Barzani said in a statement that while the deal is temporary, it is a “crucial step towards ending the long-standing dispute” between Irbil and Baghdad and “creates a positive and safe atmosphere to finally approve the national oil and gas law.”

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