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Agreement reached on Kurdistan's oil exports

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Report summary

The interim agreement reached between Iraq's federal government and Kurdistan Regional Government means the Kurdistan region will receive 17% of the federal budget in return for a share of oil exports. Operators in the region should now benefit from regular payments for oil exports and by increases in production for those with excess capacity. However investors will remain wary as there is no guarantee that this interim agreement will lead to a long term resolution.

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    Agreement reached on Kurdistan's oil exports

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