Oil Companies Face Huge Risk As Legal Dispute In Kurdistan Escalates ...Middle East

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Oil Companies Face Huge Risk As Legal Dispute In Kurdistan Escalates
source : OILPRICE ( Middle East ) () 12
Future of IOCs operating in northern Iraq hangs in the balance The long-running dispute over how oil flows are handled in the semi-autonomous region of Kurdistan in northern Iraq – administered by its government (the KRG, in Erbil) – and how the region is rewarded by the Federal Government of Iraq (FGI) in Baghdad for its co-operation in this regard has taken a series of dramatic legal twists in the past week or so. The outcome of these developments will have significant, and potentially catastrophic, implications for the exploration,…

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