The Kurdish oil export negotiations between Iraq and oil companies have been postponed until Thursday due to unresolved financial disputes. This delay follows inconclusive initial talks and highlights ongoing issues concerning payment agreements for foreign firms in the Kurdistan region.
Discussions aimed at resuming oil exports from Iraq’s semi-autonomous Kurdistan region have been delayed until Thursday, following disagreements over financial terms between the involved oil companies and the Iraqi oil ministry, as reported by Reuters. Originally scheduled for Tuesday, the meeting was postponed after preliminary discussions on Sunday concluded without reaching consensus on critical issues, particularly the payment arrangements for foreign companies operating in the region.
In summary, the postponement of the Kurdish oil export talks underscores the ongoing complexities surrounding financial agreements between the Iraqi oil ministry and foreign companies. Despite the Iraqi government’s assurances regarding the resumption of pipeline operations, clarity regarding commercial terms remains elusive, hindering progress.
Original Source: www.lbcgroup.tv
