Iraqi tax commission cracks down on international energy companies
A new enforcement action seeks to stop 20 companies from bringing personnel or equipment into Iraq, threatening major disruptions at key projects.
A worker climbs a drilling rig at the Rumaila oil field in Basra. (BEN VAN HEUVELEN/Iraq Oil Report/Metrography)
Iraq’s top tax authority has ordered government departments to stop issuing visas and halt imports for nearly two dozen international energy companies whom it accuses of late tax payments.
If enforced, the orders, dated June 27, 2021, could prevent some of the biggest players in Iraq’s oil, gas, and electricity sectors from bringing staff and equipment into Iraq, effectively depriving the country of work that is needed to meet its own production targets at a time when insufficient gas feedstock is causing nationwide electricity failures.
Login to your account
Subscribe for news access
Annual News subscribers receive access to the full archive of Iraq Oil Report articles.