APIKUR member companies reiterate their readiness to resume exports
APIKUR members believe tripartite discussions between the Government of Iraq (GoI), Kurdistan Regional Government (KRG), and International Oil Companies (IOCs) are required to find a mutually beneficial solution, per the statement.
ERBIL (Kurdistan24) – The Association of the Petroleum Industry of Kurdistan (APIKUR) announced in a statement on Saturday that its member companies had reiterated their readiness to resume exports.
“APIKUR member companies reiterate that they are prepared to resume exports, contingent upon reaching agreements that provide for payment surety for past and future exports, direct payment and preservation of commercial terms. Should such agreements require modifications to existing contracts, APIKUR member companies are willing to consider this if agreed between the GOI, KRG and individual IOCs,” the statement read.
APIKUR members believe tripartite discussions between the Government of Iraq (GoI), Kurdistan Regional Government (KRG), and International Oil Companies (IOCs) are required to find a mutually beneficial solution, per the statement.
APIKUR is dedicated to promoting the Kurdistan Region as an attractive destination for international oil and gas companies, service providers, and investors. The association aims to advocate for its members' common interests, serve as a unified voice for relevant stakeholders, and provide a forum for sharing industry information and best practices.
