Iraqi Deputy Premier for Energy Affairs agreed with the Kurdish delegation headed by Kurdish Region Premier Njirvan Barzani to deposit Kurdish oil revenues in the Iraqi Development Fund.


In a statement by his office, copy received by Aswat al-Iraq, both sides discussed mutual matters according to the Iraqi constitution and for preserving Iraqi oil wealth.

Both sides agreed that Kurdish oil exports should be done through Oil Marketing Company (SOMO) according to adopted exports mechanisms.

The funds attained shall be distributed through the annual budget, as the statement added.