KRG to Baghdad: Negotiate oil and gas law, don’t interfere in IOC contracts

Kurdish officials on May 23 asked federal Iraqi authorities not to unilaterally seize control of the semiautonomous region’s oil sector and meddle in the contracts it has signed with foreign operators, in the escalating internal dispute in OPEC’s second-largest crude producer. Baghdad has said it will establish a new oil company in Kurdistan to negotiate new service contracts with international…