U.S. Defense Secretary Ash Carter (2nd L) gestures to the guest book he just signed as he stands with Iraqi Kurdistan Regional President Massoud Barzani (2nd R) at the White House in Erbil, Iraq, July 24, 2015. REUTERS/Carolyn Kaster/Pool
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Iraq's Kurds are ready to strike an agreement with the central government in Baghdad on a deal to increase oil exports, if it guarantees them a monthly revenue of $1 billion, a spokesman for the Kurdistan Regional Government (KRG) said.The pipeline also carries oil produced in the Kurdish region in northern Iraq and sold independently from the central government.KRG spokesman Safeen Dizayee said in an interview in the Iraqi Kurdish capital Erbil Tuesday that the Kurdish authorities would be willing to sell the oil through Baghdad if they get a share from the federal budget amounting to a $1 billion a month. The KRG stopped delivering crude oil to the central government a year ago, a decision taken when Baghdad's payment fell under $400 million a month, according to Dizayee.
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