KRG asks funds from oil firms for Syrians

KRG asks funds from oil firms for Syrians

ARBIL - Reuters
KRG asks funds from oil firms for Syrians

Masoud Barzani, the president of Iraqi Kurdistan, speaks at a meeting. DHA photo

Iraqi Kurdistan has asked oil companies operating in the autonomous region for $50 million to help deal with an influx of refugees from Syria that has put a strain on its resources.

Around 200,000 refugees, many of them from Syria’s own Kurdish minority, have poured into the self-ruled enclave in northern Iraq since the start of the conflict more than two years ago.

The number of refugees crossing monthly into Iraqi Kurdistan surged to more than 40,000 in August after rebels fighting to overthrow Syrian President Bashar al-Assad made incursions into the country’s northeast, where many Kurds reside. 

“Given the huge scale of the crisis and the number of refugees arriving daily we all need to work together to provide more urgently needed help,” Kurdistan’s minister for natural resources, Ashti Hawrami, said in a statement.

The Kurdistan Regional Government pledged to match contributions from the oil industry dollar-for-dollar.

In recent years, Kurdistan has signed lucrative contracts on its own terms with oil majors such as ExxonMobil and Chevron Corp, antagonising the Iraqi central government, which claims sole authority to manage the country’s crude. 

A near 10-fold increase over the past 12 months in the rate of refugees crossing Syria’s borders into Turkey, Iraq, Jordan and Lebanon pushed the total living abroad above 2 million earlier this month, the United Nations said.