Mursumi details foreign firm demands for Kurdistan oil restart
Iraqi economic expert Nabil Al-Mursoumi revealed the conditions set by foreign oil companies operating in the Kurdistan Region of Iraq to resume production and export activities. These include providing strict security protection against drone and aircraft attacks, and ensuring the regular payment of financial dues in accordance with amendments to the budget law. The conditions also emphasize the necessity of settling accumulated debts, especially the debt of the Norwegian oil company DNO, which halted production due to a payment crisis estimated at around one billion dollars. These conditions place the ball in the court of both the federal government and the region to reach a solution that ends the oil impasse in the area.
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