No oil contracts with Iraqi Kurdistan: Iraq’s oil ministry

With the liberation of iraq’s oil fields from ISIS terrorists, lucrative oil income is now up for grabs.

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No oil contracts with Iraqi Kurdistan: Iraq’s oil ministry © Daily Management Review

On Thursday, Iraq’s oil ministry has cautioned oil companies against signing any contracts with Iraqi Kurdistan.

On Wednesday, Rosneft, Russia’s state controlled oil giant, had signed an agreement to put production sharing agreements into place with 5 production blocks in Iraqi Kurdistan.

References: reuters.com

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