IOCs summoned to appear in federal commercial court as Oil Ministry also signals international legal campaign against Kurdistan’s oil sector independence.
Iraqi federal oil and KRG political negotiating teams meet in Baghdad on April 11, 2022. (Source: Oil Ministry media office)
BEN VAN HEUVELEN, BEN LANDO, MOHAMMED HUSSEIN, RAWAZ TAHIR, ALI AL-AQILY, LIZZIE PORTER AND STAFF OF IRAQ OIL REPORT
THURSDAY, JUNE 2ND, 2022
Iraq’s Oil Ministry is initiating legal action against international oil companies operating in the Kurdistan region — part of an escalating effort to implement the Federal Supreme Court’s landmark decision to invalidate the Kurdistan Regional Government’s independent oil sector.
Multiple oil companies received a letter summoning them to appear at the Commercial Court in Baghdad on June 5, according to three Kurdistan-focused industry officials; and Alaa al-Yassiri, the director general of the federal Oil Ministry’s marketing company (SOMO), told Parliament on Tuesday that Baghdad is also planning to bring international lawsuits.