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Iraqi Kurdish Prime Minister Masrour Barzani met with Turkey's Foreign Minister Hakan Fidan and its Energy Minister Alparslan Bayraktar in Erbil, the government of the Kurdistan region said.
A dispute over oil has long strained relations between authorities in Baghdad, northern Iraq's autonomous Kurdistan region and neighbouring Turkey.
The agreement, signed in Baghdad in the presence of Prime Minister Mohamed Shia Al-Sudani and Kurdish premier Masrour Barzani, was to be implemented 'today', a Kurdish regional government official said.
Iraq aims to establish a new oil company in the northern Kurdish region, months after a federal court ruling deemed the legal foundations of the Kurdistan region's oil and gas sector unconstitutional
Iraq's oil ministry will begin implementing a federal court ruling that deemed the legal foundations of the Kurdistan region's oil and gas sector unconstitutional.
Comment: Separatist movements in Iraq and Spain are paying the price for dreams of independence, writes Sam Hamad.
'We have an initial understanding [with the KRG], God willing we will reach a solution within the coming three days,' Iraq's oil minister said on Sunday.
Turkey and Saudi Arabia are gradually warming to Assad's Syria through a limited process of normalisation. But these ties remain fragile, says Joseph Daher.
The reopening of the Kirkuk-Ceyhan pipeline, which has been shut for a decade, would provide a rival route to a pipeline from Iraq's Kurdistan region.
Taking advantage of festering divisions within Kurdistan and the weakening of the KRG government, Iraq's central government has seized its opportunity to take back control over Kurdistan's most valuable resource, writes Joseph Daher.