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In the last few days, there have been two rocket attacks on the Khor Mor gas field in northern Iraq, which is being developed by UAE energy firm Dana Gas.
Iran has repeatedly cut off gas supplies to force Iraq to pay off its debts, which according to the Shana news agency amounted to $5 billion in September.
Iraq aims to establish a new oil company in the northern Kurdish region, months after a federal court ruling deemed the legal foundations of the Kurdistan region's oil and gas sector unconstitutional
![Iraq - Kurdistan oil dispute [AFP]](/sites/default/files/styles/large_16_9/public/media/images/F6EC602F-E6BE-4DAC-8CC6-4DFFCF0F1CA4.jpg?h=d1cb525d&itok=nVqvhAEN "Iraq - Kurdistan oil dispute [AFP]")
Iraq's oil ministry will begin implementing a federal court ruling that deemed the legal foundations of the Kurdistan region's oil and gas sector unconstitutional.
Iraq's oil ministry has blocked China from buying a monopoly over its energy sector. Government members and officials at state-run firms expressed concern that Beijing's consolidation could isolate Iraq from Western investors.
Iraq's Kurdish region has rejected an order from Baghdad that they must handover control of its oil output to the federal government.
Despite its immense oil and gas reserves, Iraq remains dependent on imports to meet its energy needs, and neighbouring Iran currently supplies a third of its gas and electricity.
Turkey's state oil operator said that crude flows through a ruptured Turkey-Iraq pipeline have restarted, following an explosion on Tuesday
A key Iraq-Turkey pipeline was shut down due to an explosion in southeastern Turkey on Tuesday. The cause of the blast is under investigation.
Iraq has cut Basrah Light crude prices for Asia by a larger extent compared with Saudi grades following unsold Basra crude cargoes last month.