KRG Ministry of Natural Resources

September 22, 2015

Erbi, Kurdistan Region, Iraq - “Yesterday's procedural decision from the U.S. Court of Appeals means that the Ministry of Oil will finally be forced to drop its baseless lawsuit, because the KRG oil that the Ministry tried to seize has already been sold and delivered.  Although the KRG believes that the case should have been dismissed earlier, and for different reasons, the state of play remains the same:  there is no prohibition on the KRG’s export of oil to the United States or elsewhere, and the KRG will continue to export hydrocarbons as the Iraqi Constitution permits.”