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Politics

Baghdad threatens to choke off KRG funding

Political tensions skyrocket after recently announced gas deals, resulting in legal challenges and threats to Kurdistan's budget.
Iraqi Prime Minister Mohammed Shia al-Sudani (standing, center right) and KRG Prime Minister Masrour Barzani (standing, center left) oversee a ceremony in Baghdad on April 4, 2023, to sign a temporary deal for restarting northern oil exports. (Photo credit: Prime Minister's Office)

Cabinet OK’s KRG payments

Statement from government doesn't disclose numbers, but says Finance Ministry to start audit of companies to determine payments.

Baghdad-KRG oil agreement closer but not reached

Kurdistan oil minister discounts Shahristani statement as old news, temporary agreement; says agreement to pay the contractors means nothing until finance ministry and cabinet approve plan.

Border fields to be developed as diplomacy continues

Unilateral development of oil and gas fields near or crossing international borders have been the cause of war in Iraq. Officials are signing deals with foreign firms anyway, while they continue talks with Iran and Kuwait.

Ex-MP vows to continue Rumaila challenge

Lawsuit to topple BP and CNPC's oil deal will continue, as former member of parliament sets to kick off major fundraising campaign and claims allegiance of top Maliki opponents.

Basra plans for spending spree

Basra government starting to calculate how to spend an extra $600 M expected now that a new law gives each province a cut of the oil, gas and fuel it produces.

Court: $250K to continue Rumaila lawsuit

Former member of parliament must pay more than a quarter million dollars or groundbreaking lawsuit challenging constitutionality of first major foreign oil contract will be dismissed.

KRG-Baghdad oil talks advance

Top deputies and technocrats from Baghdad spent time in Erbil this week hashing out the technical framework for progress if a political deal between the central and regional government is reached.