Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Iraq threatens new legal action against Kurdistan crude buyers

    Iraq threatens new legal action against Kurdistan crude buyers

    August 26, 2022
    Share
    Facebook Twitter LinkedIn WhatsApp

     

    Kurdistan oil production

    News wire —  Iraq’s state-owned oil marketer SOMO has threatened fresh legal action against buyers of crude oil originating from the semi-autonomous Kurdistan region, according to a letter dated Aug. 23 seen by Reuters.

    The letter is the latest in a series of moves by Iraq’s oil ministry to try to control oil revenue from the Kurdistan region.

    A February ruling by Iraq’s Federal Supreme Court deemed the legal foundations of the Kurdistan region’s oil and gas sector unconstitutional.

    The Kurdistan Regional Government (KRG) has repeatedly rejected the ruling.

    “Firm legal action shall be made against all parties involved, in order to block loadings of those unlawful cargoes originating from Iraq, including but not limited to those from the Kurdistan region,” the letter said.

    “The Iraqi federal ministry of oil and SOMO as its affiliate reserve the right to take all legal measures against any dealer or buyer of smuggled crude oil that has been proven to have loaded Iraqi oil from, precisely, Turkey’s Ceyhan Oil Terminal, without the explicit endorsement of SOMO,” it stated.

    The KRG declined to comment.

    The action mirrors a similar move by Iraq’s oil ministry in 2014 to block vessels loading crude from the Kurdistan region from unloading at foreign ports. (urn:newsml:newsroom:20140730:nNRAjowkv0:0]

    Iraq has made several bids to enforce the February court ruling. It has summoned several firms operating in the Kurdistan region to commercial court sittings, which have been repeatedly postponed, and introduced a policy to blacklist oilfield service firms if they did not withdraw from the Kurdistan region.

    The latest blacklisted oilfield services firms include Weatherford International and Dubai-based OIL SERV, according to a source familiar with the matter.

    The firms did not immediately respond to requests for comment.

    Reporting by Rowena Edwards Editing by Jason Neely and Mark Potter – Reuters

    Follow us on twitter

     

    Related News

    Crude climbs on US jobs report, China talks

    Oil prices at risk amid supply increases, demand concerns

    Renaissance briefs FG on 200,000 b/d milestone following Shell asset takeover

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Crude climbs on US jobs report, China talks

    June 6, 2025

    Be deliberate in securing govt facilities in your communities – IBAS

    June 6, 2025

    UAE’s power capacity to reach 79.1GW in 2035

    June 6, 2025

    Gold steady near week high as markets brace for key US jobs data

    June 6, 2025

    Nigeria’s renewable power capacity to reach 1.7GW in 2035

    June 6, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.