Iraq News

Iraqi Oil Minister Hussein Al Shahristani announced that the government rejects oil contracts signed by Kurdistan regional government with world companies as it is not sure of the contracts signature process, he said. In an interview with the Newsmatic, Al Shahristani clarified that the government cannot approve oil contracts signed between KRG and world companies without knowing the nature of these contracts and their process. He added that these contracts were signed without the knowledge of the Iraqi people and in the absence of Iraq’s government. In the same context, Iraqi Oil Minister denied reports saying that Kurdistan Regional Government is exporting oil through pipelines related to the central Iraqi government clarifying that export pipelines of the government are related to the Iraqi oil marketing company run by the Oil Ministry.