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The pipeline that could pump northern Iraqi oil for export is nearly complete but empty, ending for now in the soil near the borders with Syria and Turkey, on the side of a dirt road.
More of Iraq's oil has seen the light of day and exports have realized post-invasion records as measures to stem attacks and other interference have proved successful along the key northern pipeline system.
Iraq's Kurdish region has been collecting millions of dollars in signing bonuses for 19 oil deals inked with international oil companies but is waiting for a federal revenue-sharing law before turning it over to Baghdad.
The Iraqi government has moved, demoted or fired more than a dozen people within the southern Iraqi oil sector this month as domestic and international union officials decry their treatment.
The Iraqi central and Kurdistan regional governments will resume negotiations over the oil law and key issues in early June.
Iraqi Kurdistan's ministries of Electricity and Natural Resources are to be merged, and current oil chief Ashti Hawrami is likely to be named minister.
In a 20th floor leisure room overlooking the lake in the center of this Emirate's skyscrapers, Majid Jafar talks of matters far up the Persian Gulf, where seemingly every oil company wants to be: Iraq.
Rising oil prices boosted Iraq's month-on-month crude revenue despite a drop in exports last month, according to Oil Ministry data.
Angry oil consumers taking aim at OPEC are looking at a "scapegoat" instead of a needed mirror, the head of the bloc of oil producers said during a visit to Washington Thursday.
U.S. forces are investigating two contracts to build schools in northern Iraq that required bathroom fixtures to be supplied by Iran.
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United Press International
United Press International
