Iraq demands foreign companies in Kurdistan hand over their crude oil
Baghdad states that all international companies operating in Kurdistan’s oil fields must transfer their production to state marketer SOMO, under the agreement signed with Erbil in September.
| Countries | Irak, Norvège, Turquie |
|---|---|
| Companies | SOMO |
| Sector | Pétrole |
| Theme | Politique & Géopolitique |
The State Organization for Marketing of Oil (SOMO), which oversees crude oil exports on behalf of Iraq’s federal government, stated that international companies active in the Kurdistan region remain contractually obliged to deliver their oil production to it. This clarification follows Norway-based DNO ASA’s reiteration of its intention not to participate in the agreement signed in September between federal and Kurdish authorities.
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