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Government Releases Provinces’ Share of Oil Revenues

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Panhead

Panhead
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Government Releases Provinces’ Share of Oil Revenues

Posted on 23 June 2010. Tags: Oil & Gas
Government Releases Provinces’ Share of Oil Revenues

(Source: Aswat Al Iraq)

Iraq’s Council of Ministers agreed on Tuesday to release the oil-producing provinces’ share of money received from oil production, according to a statement from the Iraqi government’s office.

“The council agreed also on the proposals presented by the ministerial delegation of Basra regarding easing the electricity crisis in the province,” said the statement received by Aswat al-Iraq news agency.

Iraq’s electricity minister had resigned Monday (June 21) after violent protests in the South over power cuts. Protesters had been demanding that he step down.

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