Tag Archives: Kurdistan

Iraq has filed a lawsuit against the United States over oil contracts between American companies and the Kurdistan Regional Government (KRG) in northern Iraq, escalating a constitutional dispute that has long threatened to destabilize the country’s energy sector, Reuters reported. According to Iraqi media, the lawsuit was filed on Monday …

While the federal government of Iraq welcomes cooperation with U.S. energy firms, Baghdad noted on Friday that direct deals with the semi-autonomous Kurdistan region violate the Iraqi constitution and need to go through the federal authorities with federal approval. Earlier this week, the Kurdistan Regional Government (KRG) in northern Iraq …

Despite assurances from the federal Iraqi government that the resumption of oil exports from Kurdistan is imminent, the foreign oil firms operating in the semi-autonomous Iraqi region said on Friday they would not be resuming oil exports today. Last week, Iraq’s Oil Minister Hayyan Abdul Ghani said that Iraq and …

The central Iraqi government has decided to start delivering crude oil from Kurdistan to the state-owned oil company or the oil ministry, local media reported, noting that the price that Baghdad is going to pay to the regional government of Kurdistan is yet to be determined. For starters, however, Baghdad …

A report issued on Friday by S&P Global Commodity Insights revealed that oil companies operating in the Kurdistan region of Iraq increased their oil production despite the closure of the Iraq-Turkey oil pipeline. Financial statements of five oil firms operating in Iraqi Kurdistan demonstrate that their combined crude oil output …

Kurdistan hasn’t been able to export its oil via a pipeline for more than a year now, but crude continues to flow out of the semi-autonomous Iraqi region—on tank trucks to the border with Iran. More than 1,000 such tank trucks are estimated to be transporting at least 200,000 barrels …

Iraqi officials in the oil sector plan to meet with representatives of international oil companies and Iraqi Kurdish officials in early December to discuss contract amendments focusing on the latest efforts to resume oil exports from northern Iraq through Turkey. The Undersecretary of the Ministry of Oil for Extraction Affairs, …

When Iraq in April asked a US federal court to enforce an arbitration ruling against Turkey, seeking $1.4bn damages in relation to crude oil exports from its autonomous Kurdistan region, everyone was caught off guard in Ankara. Iraq had not notified Turkish officials, let alone tried to have a conversation …

Turkey is in the process of brokering a deal between the central Iraqi government and the authorities of the semi-autonomous Kurdistan region on sharing the revenues from crude oil production in the northern Iraqi region. The deal, according to Bloomberg, which cited unnamed Turkish officials, would help resume the operation …

It is easy to lose sight of the wood for the trees sometimes in the complex world of global oil. And perhaps no subject in that world involves so many different intricate moving parts as the extraordinary relationship between the Federal Government of Iraq (FGI), based in Baghdad, and the …