Erbil asked the Security Council for an envoy to organize its relationship with it
While the Iraqi Oil Ministry announced yesterday that the federal government is seeking to establish a new oil company in the Kurdistan region, it was announced in Erbil that the regional government had asked the Security Council to send a UN envoy to organize the relationship between it and the federal government.
The Federal Ministry of Oil stated in a statement that the goal of establishing the new oil company in the region is to enter into new service contracts with the oil companies operating there. On May 7, Federal Oil Minister Ihsan Abdul-Jabbar said that the ministry would start implementing the Federal Court ruling issued in February, which considered the legal foundations of the oil and gas sector in the Kurdistan region unconstitutional.
The Ministry of Oil stated in its statement yesterday that it will pursue legal measures once morest companies that continue to operate under “unlawful production sharing contracts” and those that “do not participate in good faith negotiations to restructure their contracts.”
In addition, the Kurdistan Region Presidency announced that the Security Council had approved a request made by Erbil to send a UN envoy to organize the relationship with Baghdad. The Presidency of the Region said in a statement that “the UN Security Council approved a request submitted by the President of the Region, Nechirvan Barzani, to send an envoy to the United Nations, in order to organize negotiations between Erbil and Baghdad to find a fundamental solution to the outstanding issues between the two sides.” He also noted that “the Security Council will issue next week a draft resolution to renew the work of the United Nations mission and discuss the issue in a special session.”
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