IOCs operating in Iraqi Kurdistan hope to secure the intervention of US politicians in their continued contractual impasse with Baghdad.
The IOCs’ Apikur trade association is resisting the Iraqi government’s efforts to change their contract models. Baghdad does not recognize the validity of their Production Sharing Contracts and talks, most recently on 7-9 January, have made no progress (MEES, 19 January). (CONTINUED - 188 WORDS)