APIKUR OBJECTS TO THE MINISTRY OF OIL’S ACTIONS

March 28, 2025

Designated International Oil Companies (IOCs), along with the Kurdistan Regional Government, have been negotiating in good faith with the Government of Iraq (GOI), including directly with Prime Minister Sudani’s office, to reach a resolution to resume exports through the Iraqi-Türkiye pipeline in accordance with our legal agreements and the Iraqi budget law.

 

We understand today the Ministry of Oil has demonstrated it is unwilling to negotiate a solution that honors IOCs contract sanctity and is attempting to establish a process to unilaterally alter the economic framework of legal and valid contracts between the KRG and IOCs.  

 

These actions by the Ministry of Oil are not acceptable, and the member companies of APIKUR will not resume exports until there is commitment from the GOI to honor our contracts including payment surety for past and future exports.

 

- Ends -

 

About APIKUR:

APIKUR’s objective and purpose is to promote the KRI as an attractive destination for international oil and gas companies, service providers and investors. In addition, APIKUR aims to advocate for and represent the common interests of its members, function as a joint and effective voice towards all relevant stakeholders, whether in the KRI or elsewhere, and provide a forum for its members to share appropriate public industry information and best practices.

 

For more information, visit www.apikur.uk

For media inquiries:
Myles B. Caggins III, APIKUR Spokesman
[email protected]
[email protected]
WhatsApp: +1-254-371-5704

Find APIKUR on Social Media:
X: @apikur_oil
LinkedIn: https://www.linkedin.com/company/apikur

 

PR2_20250328 - APIKUR Sorani Kurdish Press Release - APIKUR OBJECTS TO THE MINISTRY OF OIL’S ACTIONS

PR2_20250328 - APIKUR Arabic Press Release - APIKUR OBJECTS TO THE MINISTRY OF OIL’S ACTIONS