Oil Ministry eases Kurdistan blacklist pressure
The Sudani administration appears to be turning a blind eye to the blacklist policy enacted by the previous government against KRG oil sector companies.
Iraqi Prime Minister Mohammed Shia al-Sudani speaks at a ceremony in Baghdad on Feb. 21, 2023, for the signing of contracts awarded in the Oil Ministry's fifth licensing round. (Photo credit: Prime Minister's Office)
BAGHDAD - Iraqi Prime Minister Mohammed Shia al-Sudani's administration appears to be relaxing a blacklist policy enacted by the previous government that banned oil sector companies operating in Iraqi Kurdistan from doing business with federal authorities.
The Oil Ministry has not announced any official policy change, but it did recently sign three contracts with the Emirati firm Crescent Petroleum — a leading member of the Pearl consortium, which operates the Khor Mor and Chemchemal gas fields under contracts with the Kurdistan Regional Government (KRG) that former Prime Minister Mustafa al-Kadhimi's government sought to annul in court.
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