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No price increase benefits for the Kurdish oil, expert
6:51 AM ADMIN
Baghdad/ Iraq TradeLink: Iraqi economic expert Basil al-Obaidi stressed that the Kurdish region will "not be benefited" from any oil prices' increase, pointing that it sells its oil to Israel with "cheap" prices.
He added that the Kurdish oil is soled in the "black market with
illegal ways contrary to international norms".
"The Kurdish region cannot abrogate the contracts because of the fluctuations of oil prices below the aspired figures", he pointed out.
6:51 AM ADMIN
Baghdad/ Iraq TradeLink: Iraqi economic expert Basil al-Obaidi stressed that the Kurdish region will "not be benefited" from any oil prices' increase, pointing that it sells its oil to Israel with "cheap" prices.
He added that the Kurdish oil is soled in the "black market with
illegal ways contrary to international norms".
"The Kurdish region cannot abrogate the contracts because of the fluctuations of oil prices below the aspired figures", he pointed out.
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