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[size=38]Expert: Kurdistan Benefits 20 Billion Dollars Annually From Selling Oil
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LAST UPDATE 02/19/2022 | 12:16 PM
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The Information/Baghdad...
The oil expert Salah al-Moussawi revealed, on Saturday, the profits that the Kurdistan region of Iraq derives from selling oil, noting that it is estimated at 20 billion dollars annually.
Al-Moussawi said in an interview seen by "The Information", that "the repercussions of the decision on the region and on the political system are serious, and it reduces the intensity of the tendency to establish regions."
He added, "The region has benefited from $20 billion annually by selling oil to neighboring countries without paying the revenues to the federal government."
Al-Moussawi pointed out that "the so-called development of oil fields came with large sums, one of which amounts to 80% of the revenues, which go to Turkey and 19% to the region, while 1% is sent to the federal government." finished/25
The oil expert Salah al-Moussawi revealed, on Saturday, the profits that the Kurdistan region of Iraq derives from selling oil, noting that it is estimated at 20 billion dollars annually.
Al-Moussawi said in an interview seen by "The Information", that "the repercussions of the decision on the region and on the political system are serious, and it reduces the intensity of the tendency to establish regions."
He added, "The region has benefited from $20 billion annually by selling oil to neighboring countries without paying the revenues to the federal government."
Al-Moussawi pointed out that "the so-called development of oil fields came with large sums, one of which amounts to 80% of the revenues, which go to Turkey and 19% to the region, while 1% is sent to the federal government." finished/25
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