KRG | Egypt Oil & Gas - Part 3

Iraq Takes Control of Kirkuk Oilfields

Federal Iraqi forces seized control of key oilfields in the disputed province of Kirkuk earlier this week.

Iraq Seizes Oil Infrastructure in Kirkuk

Federal forces in Iraq have taken a refinery and the headquarters of the North Oil Company from the Kurdish military.

Iraq to Reopen Kirkuk-Ceyhan Pipeline to Turkey

In a move that could weaken the Kurdistan Regional Government (KRG), the Iraqi Oil Ministry said that it would reopen the federal Kirkuk-Ceyhan pipeline to Turkey.

Iraqi PM Wants Control of KRG Oil Revenues

The Prime Minister of Iraq, Haider El Abadi, indicated that revenues from the northern, autonomous Kurdish region belong to central government.

Iran Halts Oil Trade with KRG

Following the independence referendum held by the Kurdish Regional Government (KRG) earlier this week, Iran has halted the trade of petroleum products.

Iraq: Cease Crude Imports from KRG Territories

The Iraq government called on the international community to cease importing crude oil from the autonomous region controlled by the Kurdistan Regional Government.

Rosneft to Invest $1B in KRG Pipeline

Russian oil firm, Rosneft, will invest approximately $1 billion to develop natural gas pipelines in areas under the authority of the Kurdistan Regional Government (KRG).

Oil Minister: Iraq is in Compliance with Production-Cut Agreement

Iraq’s crude oil production fell to 4.32 million barrels per day (b/d) in August.

Kirkuk Government Opposes Iran-Iraq Pipeline

The Provincial Government of Kirkuk will not cooperate with the central government’s plans to export oil from the Kirkuk oil fields to Iran.

Kurdistan Oil Revenues Decline in July

Kurdistan’s oil revenue fell nearly 20% in July to less than $400m, as export loadings slipped and oil traders slashed their monthly prepayments to the Kurdistan Regional Government.

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