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Podcast: My FX Buddies
Episode: NOW! The Oil is Flowing Kurdistan Regional Government (KRG) has resumed crude oil exports What's Next?
Description: After 18 years of division, Iraq has entered a new era of energy unity. link to My FX Buddies BlogThe State Oil Marketing Organization (SOMO) has released the full details of the historic tripartite oil agreement between Baghdad, Erbil, and the international oil companies operating in the Kurdistan Region — a deal that could permanently reshape Iraq’s oil policy and financial future.At a press conference, SOMO Director Ali Nizar Faiq explained that the deal was reached through “constructive, professional negotiations” and includes a new mechanism to compensate companies operating in Kurdistan. The agreement establishes:Suppor...