Iraq Plans Tough Steps Against Kurdistan, Oil Firms

Source: Reuters 1/16/2013, Location: Middle East

Iraq plans tough measures against the country's Kurdistan region and foreign oil companies working there to stop "illegal" crude exports in an escalation of its standoff with the autonomous enclave, the oil minister said in an interview.

Oil exports and contracts are at the heart of a wider dispute over territory, oilfields and political autonomy between Baghdad's Arab-led government and Kurdistan, where ethnic Kurds run their own regional administration.

Abdul Kareem Luaibi said Baghdad intends to sue Genel Energy - the first company to export oil directly from Kurdistan - and may slash the government's allocated budget to the region unless it halts what he rejected as smuggling.


Australia >>  6/30/2022 -  Oil lifting commencing today with record revenues anticipated
Seismic and well testing operations delayed
Battmin drilling program t...

Brazil >>  6/17/2022 - Petrobras, regarding the news published in the media, clarifies that by request of the Chairman of the Board of Directors, its Board of Directors held...

Canada >>  6/16/2022 - PetroTal Corp. is pleased to announce the following sales related update.

720,000 barrels of oil under contract for export from Bayovar. Ap...

United States >>  6/15/2022 - ExxonMobil released the following statement in response to a letter from President Biden.

We have been in regular contact with the adminis...


Related Categories: Coal  Electricity  General  Natural Gas  Oil 

Related Articles: Coal  Electricity  General  Natural Gas  Oil 


Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.