Iraqi oil minister says Kurdistan Region's oil contracts must be reviewed

The Iraqi Minister of Oil, Ihsan Abdul-Jabbar, said on Saturday, April 16, there were three things that needed to be resolved regarding the Kurdistan Region’s oil issue with the federal government.

Abdul-Jabbar told Alforat News that first, the Kurdistan Region’s oil contracts with international companies need to be reviewed by the Iraqi government, second, a company run by the Iraqi government needs to be established to manage the oil contracts and third, the Kurdistan Regional Government (KRG) and the Iraqi government need to manage the oil industry together.
The Iraqi Oil Ministry and a delegation from the KRG met to discuss the Kurdistan Region’s oil and gas sector in Baghdad on April 11. This was the first in a series of meetings between both sides to discuss "practical procedures” following the federal supreme court’s ruling in February on the unconstitutionality of the Kurdistan Region’s oil sector.
The second Deputy Speaker of the Iraqi parliament, Shakhawan Abdullah, said on April 11 the Iraqi government knows it cannot manage the oil sector alone without coordinating with the KRG.
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