SOMO
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Oil companies urge US mediation in Erbil-Baghdad dispute
Oil production companies in the Kurdistan Region have called for US assistance in reducing tension between the Iraqi federal government and the Kurdistan Regional Government (KRG), Reuters said on Thursday, September 1.
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Three international companies to withdraw operations in Kurdistan Region
The Iraqi Ministry of Oil said on Monday, July 4, three US oil companies operating in the Kurdistan Region said they will abide by the Federal Supreme Court’s verdict and close their contracts with the Kurdistan Regional Government (KRG).
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Kadhimi says he stands firm on Baghdad’s position against KRG oil sales
Iraqi Prime Minster Mustafa al-Kadhimi said on Tuesday, June 7, the federal government is committed to implementing the federal court’s decision against the Kurdistan Regional Government’s (KRG) oil sales.
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Iraq threatens to cut KRG share of budget over Erbil-Baghdad oil dispute
The Iraqi Minister of Finance, Ali Allawi said on Monday, June 6, if the Kurdistan Regional Government (KRG) does not reach an agreement with the federal government the ministry will have to cut the KRG’s percent of the share of income.
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The future of Iraqi Kurdistan lies in Baghdad
The Iraqi Kurdistan region's ambition to heat European homes with its natural gas could promote the region from a pawn to a queen in the chess game that is international politics. Yet an Iraqi court ruling intended to deprive the autonomous region of its energy sector could eliminate the pawn altogether.
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Baghdad plans to establish new oil company in Kurdistan Region
The Iraqi oil ministry said on Saturday the federal government aims to establish a new oil company in the Kurdistan Region.
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Iraqi ministry to oversee Kurdistan Region oil and gas field management
Iraq’s oil ministry has taken all necessary measures required to implement a federal court’s ruling that gives it the authority to manage oil and gas fields in the Kurdistan Region, state oil marketer SOMO said on Monday, April 11.
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Masrour Barzani says Baghdad owes over 3 billion from budget dispute
Kurdistan Regional Government (KRG) Prime Minister Masrour Barzani claimed on Wednesday, October 27, that Iraq’s federal government owes the KRG $3.1 billion as a result of budget disagreements.
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Iraq oil minister calls on Erbil to send oil to Baghdad
Iraq’s Ministry of Oil said that the Kurdistan Regional Government (KRG) in Erbil should hand over 250,000 barrels of oil per day or its cash equivalent to the federal government at the price set by the country’s oil marketer SOMO.
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SOMO manager says Erbil has sent no oil or money to Baghdad despite budget obligations
General Manager Iraq’s oil marketer SOMO Ala Yasseri said on Saturday, September 18, that the Kurdistan Regional Government (KRG) has not delivered any quantity of crude oil or its monetary equivalent to the federal government, despite its obligations under the 2021 Federal Budget Law.