HUNT OIL SIGNS AGREEMENT WITH KRG UNDER KRG OIL LAW CANADIAN NIKO SIGNS OIL CONTRACT IN KURDISTAN REGION OMV TO CONTINUE OIL EXPLORATION IN NORTHERN IRAQ DESPITE IRAQI EMBARGO OIL MINISTER ANNULS KRG OIL CONTRACTS KRG LOOKING TO BUY GOODWILL THROUGH OIL EXPORT OIL FOUND AT SEVERAL NEW SITES IN KURDISTAN REGION BAGHDAD-ERBIL OIL RAPPROCHEMENT? MPS OFFER SKEPTICISM AND OLD IDEAS FOR NEXT STEP OIL RAPPROCHEMENT? KRG PUBLISHES TWO CONTRACTS…
Tag: Tawke
Budget 2011: Who Gets What
The Iraqi 2011 federal budget voted by parliament today includes two items that are related to payments to oil companies. It stipulates a payment of $1.75 billion as participation in the production cost of oil exported including under contracts of international oil companies signed with the Kurdistan region. The second item is an allocation of $2.73 billion for investment projects of international oil companies. The budget assumes the export of…
KRG Contracts Conundrum
Iraqi Prime Minister Nouri al-Maliki announced earlier this month that the oil ministry approved the two production sharing contracts for the Tawke and Taqtaq fields, signed before the constitution was drafted, for a variety of reasons which to his mind justify the legalization by Baghdad. A day after Mr Maliki was interviewed, the Kurdish Prime Minister Barham Saleh was quoted as saying that “all contracts” signed by the KRG received…
Ashti Hawrami
The Kurdistan Regional Government’s minister of natural resources, Ashti Hawrami, spoke to Ruba Husari in Erbil late July on the latest developments in Kurdistan’s upstream and downstream sector, the smuggling controversy, differences with Baghdad over crude exports and the fate of the federal hydrocarbon law. Q. What’s the status of the different contracts signed so far with the KRG and how is work progressing on the ground? A. We have…