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The Iraqi Oil Ministry pays $2.6 million to an American law firm
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MENAFN revealed that the Iraqi Ministry of Oil paid an American law firm $900 an hour for advice on the dispute between Iraq and Turkey over a pipeline agreement.
According to the news translated by "Al-Eqtisad News", documents submitted under the US Foreign Agents Registration Act (FARA) revealed the amount that the Texas-based law firm Vinson and Elkins received, amounting to more than $ 2.6 million, for legal services related to arbitration. Iraq's Oil Ministry in front of the US State Department amid a long-running dispute between Iraq and Turkey over a pipeline agreement.
The oil ministry commissioned the company, which has dealt with Baghdad many times in the past, in July 2022 to brief on legal issues in a pending arbitration brought by Iraq in 2014 against Turkey over allegations that the country breached an agreement involving a major oil pipeline.
A partner in the firm, James Loftis, was charged $900 an hour for his advice on the matter.
Views 115
Added 03/02/2023 - 11:56 AM
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Logo of the Iraqi Oil Ministry
Logo of the Iraqi Oil Ministry
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MENAFN revealed that the Iraqi Ministry of Oil paid an American law firm $900 an hour for advice on the dispute between Iraq and Turkey over a pipeline agreement.
According to the news translated by "Al-Eqtisad News", documents submitted under the US Foreign Agents Registration Act (FARA) revealed the amount that the Texas-based law firm Vinson and Elkins received, amounting to more than $ 2.6 million, for legal services related to arbitration. Iraq's Oil Ministry in front of the US State Department amid a long-running dispute between Iraq and Turkey over a pipeline agreement.
The oil ministry commissioned the company, which has dealt with Baghdad many times in the past, in July 2022 to brief on legal issues in a pending arbitration brought by Iraq in 2014 against Turkey over allegations that the country breached an agreement involving a major oil pipeline.
A partner in the firm, James Loftis, was charged $900 an hour for his advice on the matter.
Views 115
Added 03/02/2023 - 11:56 AM
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