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A court in Baghdad announces the invalidity of four oil contracts for the Kurdistan Regional Government
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Economy News-Baghdad
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Economy News-Baghdad
The Karkh Commercial Court in Baghdad decided to cancel four oil contracts for Iraqi Kurdistan, as the Federal Oil Ministry intensified its efforts to implement the historic ruling issued in February against the Kurdistan Regional Government and the independence of the oil sector .
In a session that was closed to the media, the Baghdad/Karkh Commercial Court issued rulings declaring four oil contracts for the Kurdistan Regional Government invalid, according to a senior official in the Ministry of Oil .
Oil sources directly familiar with the procedures said that the defendants in the four cases that were decided on Monday are : ( Norwegian DNO ) Genel ( registered in Britain ), (WesternZagros) of Canada and ( HKN) of the United States .
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