Oil Ministry eases Kurdistan blacklist pressureThe Sudani administration appears to be turning a blind eye to the blacklist policy enacted by the previous government against KRG oil sector companies.
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.
Multiple industry officials said they believe the Oil Ministry is now turning a blind eye to firms working in both federal Iraq and the Kurdistan region, even though the Oil Ministry also has not sent out any formal notice allowing firms to restart work in the semi-autonomous region.
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