Tag Archives: Kurdistan

While the Iraqi oil minister has said that 450,000 barrels per day of shut-in oil exports from Iraqi Kurdistan would restart exports on Saturday, Kurdish and Turkish officials both said on Friday that it is unlikely the pipeline would be turned back on in that timeframe. The pipeline was closed …

Oil from the Kurdistan Regional Government in northern Iraq may start flowing as soon as this week after KRG and federal government officials reached a preliminary agreement to restart exports, which have been cut off since March 25th. “Following several meetings between the KRG and federal government, an initial agreement …

Iraq’s federal government and the Kurdistan Regional Government (KRG) are close to striking a deal aimed at resuming northern oil exports, four sources familiar with the discussions told Reuters on Saturday. Turkey stopped pipeline flows from the Kirkuk fields in northern Iraq’s semi-autonomous Kurdistan region to its port of Ceyhan …

Iraq’s oil ministry welcomed an arbitration ruling in its long-running dispute with Turkey centered on crude oil exports from the semi-autonomous Kurdish region and said it would discuss “mechanisms” to keep oil flowing. The International Chamber of Commerce’s International Court of Arbitration decided in Iraq’s favor on March 23, Iraq …

The federal government in Baghdad and the autonomous Kurdish region pledged Saturday to “increase dialogue” to ease a simmering oil dispute that has been playing out in the courts in recent months. The announcement came during a rare visit to the Iraqi capital by the Kurdish region’s prime minister. Masrour …

Tensions are rising between Baghdad and Kurdish officials in the semi autonomous Kurdistan Regional Government in Northern Iraq as Iraq’s Oil Ministry prepares to take control of the Kurdish oil sector, including contracts with foreign companies. On Saturday, the Iraqi Oil Ministry announced plans to create a new national oil …

Iraq’s efforts to control revenue collected by the Kurdistan Regional Government (KRG) have extended to requests for oil and gas firms operating in the semi-autonomous region to sign new contracts with state-owned marketer SOMO rather than the KRG. Oil Minister Ihsan Ismael on May 7 said Iraq’s oil ministry would …

Iraq’s Minister of Oil, Ihsan Abdul-Jabbar Ismail, dismissed the Kurdistan Regional Government’s management of the oil wealth as “faulty” and wasteful of the Iraqi treasury resources. Ismail’s remarks came during the fourth meeting of the opinion commission on the Supreme Federal Court’s ruling against the KRG’s oil and gas law, …

The Kurdish Parliament said that the Federal Court’s decision regarding the oil and gas law is a “serious blow to the Iraqi federal system and the rights of citizenship.” In a statement, the Parliament confirmed that the Federal Court’s decision “violates the foundations of the federal system and the Iraqi …

The head of the energy committee in the Kurdistan Region, Ali Hama Salih, confirmed that the region is planning to export gas to Turkey in 2025. Hama Salih said that the Region’s gas reserves are estimated at 5.7 trillion cubic meters, 85% of which are in six main fields distributed …