Financial Times FT.com

Baghdad and Kurds near oil pact

By Anna Fifield in Beirut, Javier Blas in London and Delphine Strauss in Ankara

Published: December 4 2008 18:28 | Last updated: December 4 2008 19:20

Iraq’s central government and regional authorities in Kurdistan are moving closer to signing a long-awaited oil deal that could pave the way for exports from the northern region’s oil fields early next year.

Following last week’s agreement to link two northern oil fields to the main pipeline to Turkey, government and oil company officials say that a broader agreement on exports could be reached as soon as this month.

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