Kurdistan issues a statement regarding the work of its international oil companies
political| 07:39 - 06/28/2022
Kurdistan - Mawazine News
The Ministry of Natural Resources in the Kurdistan Region announced, on Tuesday, that “the violations committed by the Iraqi Oil Ministry did not and will not affect the exploration and production of oil and gas in the region,” noting that
it did not push the companies working in this field to stop their work.
The ministry said in a statement that Mawazine News received a copy of it, that
"the oil and gas sector in the Kurdistan Region has taken great and important steps towards institutionalization and attracting major international companies, and
thus the region's position on the global energy map is getting stronger." She added,
"The advent of major companies (oil, gas and oil services) and the expansion of investment and the continuation of their work in the Kurdistan Region are clear and clear evidence of the successful policies and strategies of the Kurdistan Regional Government in the oil and gas sector."
And the ministry continued,
"Even within the Kurdistan Region, oil revenues played a major role in
- securing salaries and
continuing to provide services, as well as
using natural gas products to provide fuel for power plants, in addition to
securing hundreds of job opportunities for young people in oil and gas fields and companies."
And she went on to say that
"stability, security, plans and policies of the ninth cabinet in the Kurdistan Region regarding the oil sector and the transparency of this important sector are all things that made those who hate the Kurdish and Kurdistan people dislike these achievements, by continuing their hostile plans, issuing unconstitutional and political decisions and launching missile attacks."
The ministry explained that
"their latest attempts and plans were to issue an illegal decision far from the constitutional articles and clauses by the Iraqi Oil Ministry in the absence of (the oil and gas law by the federal government), and to put pressure on companies operating in the oil and gas field to leave the Kurdistan Region," stressing That
"this step by the Iraqi Oil Ministry is inconsistent with the
- constitution, the
principle of federalism, the
economic mentality, and the
relations between the region and Iraq."
She stressed that
"these new violations by the Iraqi Oil Ministry did not and will not affect the exploration and production of oil and gas in the Kurdistan Region, but did not prompt the companies to stop their work as well," noting that
- "the use of the language of threat and hostility is a flagrant violation of the rules of international investment protection, and
this behavior does not It is in any way in the public interest of the peoples of Iraq and Kurdistan, and
it also distorts Iraq’s reputation in international centers and puts question marks around it.”