Iraqi President Requests Increase Of Oil Share To Kurdistan Region

Iraqi President Requests Increase Of Oil Share To Kurdistan Region

 Iraqi President Fuad Masum requested an increase in the share of oil to five governorates, including Sulaimani, Erbil and Duhok, which suffer from the high price of kerosene as winter temperatures set in across the Kurdistan Region.

Masum, during a meeting with Iraqi Oil Minister Abdul Jabar al-Luaibi on Thursday (February 9), called for developed cooperation and joint plans in oil production along with neighboring countries and OPEC members.

“There is a need for the increase of the oil share for the governorates of Sulaimani, Erbil, Salahadin and Mosul,”the official website of the Iraqi Presidency said, citing Masum.

Masum directed the Iraqi Oil Minister to speed up the opening of oil refineries which were stalled either partially or completely due to vandalism and looting by the Islamic State (ISIS).

Masum and Luaibi discussed achievements obtained after the production cut of oil and the Iraqi Oil Ministry’s upcoming plans to meet the needs of the country.

Residents of the Kurdistan Region depend on kerosene now that the electricity supply to homes and businesses has been decreased to nine hours a day.

The hours of available public electricity is expected to be reduced further in the region, according to Kurdish officials, as temperatures continue to decrease over the coming days and weeks.

Problems facing electricity in the Kurdistan Region have continued over the past decade despite continued efforts and promises from the Kurdistan Regional Government’s (KRG) officials to resolve the issue.