Iraqi PM Mohammed al-Sudani advised Bloomberg on 17 September that contractual and monetary disagreements with Kurdistan-based IOCs stay a hurdle to resuming oil exports through the Iraq-Turkey Pipeline.
The PM attributed the deadlock to “authorized issues” introduced by the February 2022 Federal Court docket ruling that Kurdish oil sector contracts are unconstitutional (MEES, 18 February 2022), and the 2023-25 Federal finances legislation which mandates handing over 400,000 b/d of Kurdish output to the Federal authorities with a set per-barrel fee of $6.90/B. (CONTINUED – 317 WORDS)
Learn this text without spending a dime
Acquire entry to over 60-years of vitality evaluation and information
Delve into the small print backed by information
Unique info from high-level officers
Assess future dangers and alternatives
Supply hyperlink
