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Iraqi Minister Calls for New Oil Company in Kurdistan

Iraqi Minister Calls for New Oil Company in Kurdistan

Monday, 11 April, 2022 - 17:30
General view of al-Zubair oil field near Basra, Iraq April 21, 2020. (Reuters)

Iraq's oil minister called on Monday for the establishment of a new oil company in its northern Kurdish region to manage the energy contracts signed by the regional government, the oil ministry said in a statement.


Minister Ihsan Abdul-Jabbar, speaking at the conclusion of a round of talks with Kurdish officials, also stressed the importance of reviewing Kurdistan's current oil contracts.


The talks come after a federal court ruling that gives the oil ministry in Baghdad the authority to manage oil and gas fields in northern Iraq.


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