Kurdish oil revenue: Irag gets massive 83% Kurds get 17%

[Anthea]

The time for independence is

NOW

I am NOT a mathematical genius but to me this seems more like a bad joke

The only people who are laughing are the members of the Iraqi government - who are laughing at the hard-working Kurds

The Iraq Oil Report, a website that monitors Iraq's energy industry, reported the oil flow which began a week ago is primarily to test the pipeline. But it stressed this is "a significant step toward Kurdistan's first independent pipeline exports."

The Financial Times said Iraqi Prime Minister Nouri al-Maliki's government will likely secure 83 percent of revenues generated by KRG exports with the Kurds getting 17 percent, a split Baghdad has apparently endorsed.

The Kurds' share may seem risible but the KRG can expect to earn billions of dollars in revenue from the oil and gas exports to Turkey that are likely to follow, along with significant investment that will provide a strong economic base for a future independent state.

Maliki fears once Kurdistan establishes a firm economic base, the Kurds will declare independence, which would in turn encourage other restive regions to break away from Baghdad's control.

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[Shirko]

So if Iraq wants to be a part of Kurdistan, the the should only get less than 33%, since Kurds number at least 40 million in all of Kurdistan, and Iraqis alone are number les than 20 million. And these are very conservative figures.

[Anthea]

So if Iraq wants to be a part of Kurdistan, the the should only get less than 33%, since Kurds number at least 40 million in all of Kurdistan, and Iraqis alone are number les than 20 million. And these are very conservative figures.

Kurdistan has more oil than the rest of Iraq - Iraq says that the Kurdistan Region must submit all oil revenues to Baghdad.

I believe that Kurdish oil revenues should be spent on KURDS

The same should also apply to North Kurdistan - there are oil wells in the Turkish occupied Kurdish region - most of the oil revenue it not invested in the Kurdish region - Kurdish oil and other minerals are some of the main reasons Turkey does not want Kurds to gain control over their homeland.