Iraqi Groups Fail to Agree Oil Payments, Lawmaker Says

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Iraq’s political factions failed to agree on the amount of money due to international oil companies working in the semi-autonomous Kurdish region, said Ammar Tohme, a lawmaker from the ruling coalition.

Kurdish lawmakers said the companies are owed 4.2 trillion dinars ($3.6 billion), while the central government’s accounting bureau said the amount is $1.5 billion, Tohme said in a telephone interview from Baghdad. Iraq’s government-sponsored Iraqiya earlier said that the political groups had reached an agreement.