Turkey Talks to Baghdad on Escrow Account for KRG Oil

Source: Reuters 11/21/2013, Location: Middle East

Turkey is still in talks with Baghdad on a proposed escrow account for oil revenues from Iraqi Kurdistan, Turkey's Energy Minister Taner Yildiz said.

"Our talks (with Baghdad) on this are still continuing. We haven't reached a final point yet," Yildiz told reporters, when asked if Baghdad had accepted Turkey's proposal to hold Iraqi Kurdistan's oil revenues in an escrow account.

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