A Worrying Sign For Oil Companies In Iraqi Kurdistan ...Middle East

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A Worrying Sign For Oil Companies In Iraqi Kurdistan
Politics, Geopolitics & Conflict In the Kurdistan Region of Iraq (Iraqi Kurdistan), those remaining oil companies who have unilateral E&P deals with the Kurdistan Regional Government should be very concerned after Baghdad moved this week to invalidate three contracts between the KRG authorities and Gulf Keystone (UK-based), ShaMaran (Canadian), and Addax Petroleum (owned by Chinese Sinopec). As for UAE-based Dana Gas, the jury is still out. While Iraqi media initially reported that Dana Gas’ contract had also been invalidated by Baghdad,…

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