Parliament passed an amendment to the national budget law designed to pay oil companies in Kurdistan and unlock pipeline exports to Turkey.
The consortium operating Kurdistan's most prolific gas field is negotiating a potentially paradigm-shifting deal to sell directly to Baghdad.
Iraqi Army and Peshmerga forces clashed over a strategically important position near key energy assets.
Political obstacles within Iraq are still preventing crude exports from restarting after a formal letter from BOTAS to SOMO confirmed the pipeline is ready.
Northern exports can only come online if Baghdad strikes new political and commercial agreements.
In a U.S. legal filing, Iraq contested Turkey's effort to flip the award in its own favor, as the two sides still appear deadlocked over a restart of Iraq’s northern exports.
Baghdad has begun implementing a three-month deal to enable payments for Kurdistan's civil servants, prompting political backlash.
Recent meetings show renewed efforts to set terms for reopening the export pipeline, but top-level political approval is hardly assured.
Three monthly loans of $538 million promise temporary relief to pay civil servant salaries, but unresolved questions loom for Kurdistan's oil industry.
Fayadh Nema and Falah Alamri have deep relationships in the Oil Ministry and decades of experience with hot-button energy issues.
Baghdad takes a hard line against budget transfers to KRG as negotiations falter, prompting civil servant strikes and imminent protests.
