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2024

Kurdistan’s Oil Still Offline Due to Discord Over Payments to Producers

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Ten months after the Kurdish oil export route was shut over disputes, Kurdistan’s oil continues to be held back from the market due to disagreements over payments to the oil companies, Iraq’s Prime Minister Mohammed Shia al-Sudani told Bloomberg in an interview this week. Talks are being held, but no solution has been reached yet with the oil companies operating in Iraq’s semi-autonomous region of Kurdistan, al-Sudani told Bloomberg in Davos, noting that the oil firms “have an issue with the cost of producing barrels.”…



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