Baghdad ‘unwilling’ to negotiate solutions that honor IOC contracts: APIKUR
APIKUR has repeatedly stated that the terms of their existing contracts and the economic models within them must be respected.
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Baghdad to receive 80,000 oil barrels from Erbil ‘today or tomorrow’: Oil Minister
Abdul Ghani acknowledged that the drone attacks on the Kurdistan Region’s oil fields and the suspension of work by some international oil companies (IOCs) have reduced oil production, leading to Baghdad accepting 80,000 barrels per day, instead of the previously-agreed upon 230,000.