Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia - Hallo friendsDRAW A FINE FOR TODAY'S NEWS, In the article you read this time with the title Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article economy, Article general, Article health, Article News, Article politics, Article sports, We write this you can understand. Alright, good read.

Title : Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia
link : Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia

Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia

The Kurdistan Regional Government (KRG) in Iraq announced it had signed a deal with the Russian state-owned oil corporation Rosneft that would allow the company to begin developing oil blocks worth a potential $400 million to the Kurds.

The announcement follows a turbulent week for the KRG, as the Iran-backed government in Baghdad launched an invasion into its territory and wrested Kirkuk, an oil-rich province, out of the Kurds’ hands. Iraqi officials claim the invasion was necessary following the KRG’s decision to hold a non-binding referendum asking its citizens whether they would support a path to independence from Iraq.

While many experts cite the Kurdish Peshmerga as the most effective ally of the United States against the Islamic State on the ground in Iraq, the Trump administration has refused to support the Kurds against the Iran-backed Shiite militias that have stormed Kirkuk, with President Donald Trump himself stating, “We’re not taking sides.”

Bloomberg reports that the Rosneft deal will allow the Russian oil company to develop five oil blocks in Kurdistan. The contract would give “Rosneft 80 percent of the projects, the company said in a statement on Wednesday. Rosneft may pay a fee of as much as $400 million, half of which could be repaid in oil pumped from the deposits.” READ MORE

Thus Article Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia

That's an article Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Abandoned by Trump and Cornered by Iran, Kurds Sign Oil Deal with Russia with the link address https://drawafine.blogspot.com/2017/10/abandoned-by-trump-and-cornered-by-iran.html

Tweet

Subscribe to receive free email updates: