MIRS founder highlights U.S. role in resuming Kurdistan oil exports

Jaafar noted, "It is clear to the United States, Turkey, and U.S. companies that Iraq is preventing the resumption of oil exports from the Kurdistan Region."
The Kurdistan Region's Prime Minister Masrour Barzani and Assistant Secretary Pyatt met in the energy facility of Mass Global, Thursday May 16, Erbil. (Photo: Kurdistan 24)
The Kurdistan Region's Prime Minister Masrour Barzani and Assistant Secretary Pyatt met in the energy facility of Mass Global, Thursday May 16, Erbil. (Photo: Kurdistan 24)

Erbil, Kurdistan24 – The United States is committed to ensuring global energy security, and this commitment extends to resuming oil exports from the Kurdistan Region, according to Bahroz Jaafar, president of the Mediterranean Institute for Regional Studies (MIRS).

Speaking to Kurdistan24 on Friday, May 17, 2024, Jaafar emphasized that the U.S. and Western countries have been staunch supporters of the Kurdistan Region's oil industry since its inception.

"The United States sees itself as responsible for global energy security, so it is more eager than anyone else to resume oil exports from the Kurdistan Region," Jaafar stated.

Since the establishment of the Ministry of Natural Resources in 2006, the U.S. has played a significant role in the development of the Kurdistan Region's oil sector.

Jaafar highlighted the substantial investment made by the U.S. in the Kormori field in October 2021, amounting to $250 million to expand the facilities.

Jaafar noted, "It is clear to the United States, Turkey, and U.S. companies that Iraq is preventing the resumption of oil exports from the Kurdistan Region."

This ongoing obstruction poses challenges to the regional and global energy markets, reinforcing the urgency for resolving the issue.

The U.S. remains actively involved in efforts to address these challenges, reflecting its broader strategic interest in maintaining energy stability and supporting its allies in the Kurdistan Region.

As diplomatic and economic efforts continue, the resumption of oil exports remains a critical goal for regional and international stakeholders.

On Thursday May 16, US Assistant Secretary for Energy Resources Geofrrey Pyatt, and following meeting with the Kurdistan Region's Prime Minister Masrour Barzani, visisted energy facilities of Mass Global in Pirdawood and Khurmala which is run jointly by Kar Group and Mass Global for the production of electrcity, gas and oil.

Assistant Secretary Pyatt highlighted the significant impact of his visit to the energy facilities in the region, drawing comparisons to oil-producing areas in the United States such as Oklahoma.

Read More: PM Barzani, US Assistant Secretary Pyatt highlight energy cooperation in Erbil

"Today's visit has left a powerful impression on me in terms of the energy abundance of this region and its importance to the energy self-sufficiency of all of Iraq," he said.

Pyatt emphasized the importance of partnerships with local companies like Mass Global, which collaborates with GE Vernova on cutting-edge clean energy solutions.

He noted the global reach of Mass Global’s operations, which extend to Europe, and praised the advancements in meeting world energy standards.

U.S. officials, speaking on Thursday in both Erbil and Washington, stressed the importance of developing and exploiting the energy potential of the Kurdistan Region, as Assistant Secretary of State for Energy Resources, Geoffrey Pyatt, visited Erbil, after first visiting Baghdad.

Read More: U.S. Stresses Importance of Kurdistan Region’s Energy Resources

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Meeting with senior officials from the Kurdistan Regional Government (KRG), as well as prominent figures in the local energy industry, Pyatt had high praise for Kurdish efforts regarding energy production.

Similarly, In Washington, Deputy State Department Spokesperson, Vedant Patel, emphasized the importance of the energy resources of the Kurdistan Region.

The statements reflect a new U.S. stress on the significance of energy supplies from the Kurdistan Region. Earlier U.S. ties with the Kurdistan Region were driven, in significant part, by the need to fight ISIS, and the Peshmerga were key partners in that joint struggle.