Despite criticizing the budget for its unrealistic projections, MPs overcame last-minute disputes and approved nearly $90 billion in spending and a deficit of $20 billion.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
Positioned between Baghdad and the KRG, Karim explains how he is negotiating to squeeze badly needed resources from both sides.
Under a provisional plan, Kirkuk could receive a portion of KRG export proceeds, further integrating the province into Kurdistan's oil sector.
An arbitration court ruled the KRG owes the Pearl gas consortium nearly $2 billion for past production, but enforcement will be difficult and more legal battles loom, including KRG counter claims.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
Pearl Petroleum can now pursue fuel sales that went partially unpaid when it filed a multi-billion dollar arbitration claim over a larger contractual dispute.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic.
Frustrated by years of economic stagnation, provincial leaders claim rights to contract oil fields independently of the Oil Ministry.
