baghdad slams oil deal between russias rosneft and kurds
Saturday 16 August 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

in the autonomous Kurdish region

Baghdad slams oil deal between Russia's Rosneft and Kurds

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleBaghdad slams oil deal between Russia's Rosneft and Kurds

Kurdish region
Baghdad - Muslimchronicle

 The Iraqi Oil Ministry reacted angrily on Thursday after Russian energy giant Rosneft signed a production sharing deal with the authorities in the autonomous Kurdish region without its approval.
The agreement came hot on the heels of Baghdad’s recapture from Kurdish forces of five oil fields in disputed territory outside the autonomous region in retaliation for an independence vote last month.
“This department and the Iraqi federal government are the only two bodies with whom agreements should be reached for the development and investments in the energy sector,” the ministry said in a statement, without mentioning Rosneft by name.
Oil Minister Jabbar Al-Luaybi condemned the “irresponsible announcements coming from certain officials in Iraq or abroad, or from foreign companies about their intention to conclude deals with parties in Iraq without the federal government being aware.”
“The federal government and the Oil Ministry are the only bodies responsible for developing oil and gas strategy and authorized to sign agreements with foreign countries and companies,” he said.
Rosneft announced on Wednesday it had signed production-sharing agreements for five oil blocks in Iraqi Kurdistan.
The state-controlled giant said it would pay up to $400 million (340 million euros) for 80 percent in the venture as part of the deal with the Kurdistan Regional Government (KRG), although up to half the sum could be paid in crude from the blocks.
Rosneft boss Igor Sechin on Thursday insisted that the company strictly followed the law and said that “if there are problems between the government of Iraq and Kurdistan then they need to solve the problems themselves.”
“I am not a politician, my job is to produce oil,” Sechin, a top ally of President Vladimir Putin, was quoted as saying by Russian news agencies.
A joint exploration program and pilot production is to start next year. If successful, Rosneft said it would start full-field development of the blocks in 2021.
Recoverable oil reserves at the five blocks are around 670 million barrels, Rosneft said, calling the estimate “conservative.”
Rosneft and Iraqi Kurdistan are already cooperating on crude purchases and sales, but the new deal “will allow us to talk about full-fledged entry of the company in one of the most promising regions” of the developing global energy market, Rosneft said.
Meanwhile, Falah Mustafa Bakir, head of the KRG department of foreign relations, told broadcaster CNN in an interview that the KRG never intended to engage in a war with the Iraqi Army.
‭ There is a need for dialogue between KRG and Iraq so as to reach a common understanding, Bakir said, according to a transcript of the interview published on KRG’s website, adding the dispute was not about oil or the national flag but about the future of two nations.
The KRG said it welcomed Iraqi Prime Minister Haider Al-Abadi’s call for talks to resolve the crisis, Irbil-based Rudaw TV said.
source: AFP

 

 

themuslimchronicle
themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

baghdad slams oil deal between russias rosneft and kurds baghdad slams oil deal between russias rosneft and kurds

 



Themuslimchronicle, themuslimchronicle

GMT 08:57 2018 Tuesday ,23 January

To 'eternal style' of late Alaia

GMT 00:34 2017 Tuesday ,21 February

Massive typhoon triggers warnings of landslide

GMT 02:24 2017 Saturday ,09 December

Macron warns against Mideast meddling

GMT 20:03 2017 Monday ,05 June

Football: Gulf crisis could hit Qatar 2022

GMT 18:19 2017 Wednesday ,01 March

Libyan govt secures truce after Tripoli clashes

GMT 13:10 2017 Tuesday ,18 July

Rebel-Kurd clashes kill 11 in north Syria

GMT 08:41 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 09:35 2017 Sunday ,10 December

France bids emotional farewell to rocker Hallyday

GMT 10:24 2017 Saturday ,09 September

Wild tigers to reappear in Kazakhstan after 70 years

GMT 08:46 2017 Thursday ,30 March

Weber Hodel Feder appoints SANE Communications

GMT 08:18 2016 Thursday ,24 November

Will retaliate if US renews sanctions

GMT 07:15 2018 Sunday ,21 January

Will Smith hooked after Kyrgios classic

GMT 08:23 2012 Thursday ,08 March

Dubai mall wonders and shopping venues

GMT 11:02 2011 Tuesday ,11 October

Grand Pursuit

GMT 17:40 2017 Thursday ,05 October

UK car sales set for first annual decline since 2011

GMT 07:34 2017 Wednesday ,27 December

Hundreds arrested since Iraqi Kurd protests began

GMT 09:19 2017 Sunday ,26 February

Home remedies for bloodshot eye
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle