Oil pipeline boosts Kurds in stand-off with Baghdad


  • World
  • Thursday, 17 Oct 2013

ARBIL/BAGHDAD (Reuters) - A new export pipeline means Iraqi Kurdistan will soon earn more from its own oil than it receives from Baghdad as a share of total Iraqi revenues, a turning point that could strengthen the region's hand in its long search for independence.

Autonomous since 1991, Kurdistan has often chafed against the Iraqi central government and even threatened to secede, but it is nonetheless beholden to Baghdad for a slice of the OPEC producer's $100-billion (62 billion pounds)-plus budget. That may soon change.

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