The committee proposed Kurdish oil be marketed by Baghdad It also recommended salary cuts, lower spending Delaying payments of foreign debt was also suggested Dubai — Iraq’s economic parliamentary committee recommended oil companies operating in OPEC’s second-largest oil producer be paid with crude instead of cash and lower “unnecessary” costs due to the oil price crash, the state-run Iraqi News Agency reported Thursday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The proposal is among 14 recommendations tabled, its member Mazen el-Fili said in a statement carried by INA. The committee also recommend the semi-autonomous Kurdish region in northern Iraq supply the Baghdad government’s oil ministry with its crude to be marketed federally, rather than by the Kurdish oil ministry. Revenue from the oil sales would be distributed among Iraq’s governorates, according to the size of their population. The committee also proposed delaying payments […]