MESOP LATEST : Iraqi oil Ministry: Kurdistan sold oil to Israel

08.06.2014 – Mewan Dolamari – BasNews, Erbil – Iraqi Oil Ministry announced that Kurdistan Regional Government (KRG) has sold oil to Israel and damaged the economy of Iraq by more than six billion US dollars since January.On Sunday, the Ministry of Oil in Iraq issued a statement in which it accused the KRG of selling oil to Israel.

In the statement, it is written that due to the insistence of KRG to hand over its oil income to Baghdad, Iraq has been damaged by 6,288,000,000 dollars since the beginning of 2014 until May that for the rest of months that left, the damage will be 8,400,000,000 dollars.  

The statement also shows that KRG did not hand over the income of oil in 2010 until 2013 and they have gained 17% of its budget from Baghdad.  This has led the damage to reach more than 119 billion dollar but the KRG has not revealed where this money has gone, according to the statement. The Iraqi Oil Ministry accuses KRG officials of spreading incorrect information about Baghdad’s budget cuts to confuse citizens. The ministry also asks Turkey to respect the sovereignty of Iraq and threatens them legally.