National oil company restart delayed by politics, election campaigns, and the logistical nightmare of creating a new oil regulatory regime.
Energy committee mixed in response, at least want formal written explanation from KRG, some calling for an investigation into the stock deal.
Meeting in Oslo, KRG representative said he was told by regulator that the government and minister were never a target of investigation into DNO stock sale.
The Norwegian oil firms’ shares plummet as trading resumes following the temporarily suspension following the explosive dispute with Kurdistan Regional Government.
KRG threatens to make shut-down permanent, says name is tarnished in dispute between the Norwegian oil firm and its home regulator.
Parliament likely to approve income tax on foreign oil firms, long-awaited package of oil-related laws will be up to the next government due to elections and politics-as-usual.
Demand for jobs and investment spurs local officials into pressing for meaningful results from the national governments energy strategy.
As the level of fresh water flowing into the Shatt al-Arab from the Euphrates and Tigris rivers has declined, salt water from the Persian Gulf has increasingly poured in.
Deputy Minister says oil flow up, investment ongoing, critics ignorant, and politics likely to postpone a major gas deal with Shell.
NOC chief says report of oil reinjection in 2008 is wrong, an old practice during tough times no longer in use.
