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You are viewing Kurdistan Regional Government's 8th cabinet website.
For updated information about Kurdistan Regional Government
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GOV.KRD
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Natural resources
SUN, 21 JUN 2009 22:42
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KRG Cabinet
Oil & gas legislation and major developments
The Kurdistan Oil and Gas Law
was approved by the Kurdistan National Assembly, the Region’s parliament, on 6 August 2007. This link provides Arabic and English versions of the law, as well as a model production sharing contract:
Kurdistan Oil & Gas Law in English and Arabic, and model production sharing contract
The KRG and the federal government in Baghdad agreed that the
February 2007 draft federal oil and gas law
will be the basis for a future law. The draft law is available in English and Arabic:
KRG publishes draft Federal Oil and Gas Law of Iraq in English and Arabic
The KRG and the federal government in Baghdad agreed a
draft revenue sharing law for Iraq
in June 2007. The draft law is available in English and Arabic:
Draft Iraq revenue sharing law
Dr Ashti Hawrami, the KRG Minister for Natural Resources, discussed the draft revenue sharing law and
hydrocarbons policies of the KRG and the federal government
at a
UN hydrocarbons conference
in April 2009.
In May 2009 OMV and MOL announced
investments to access natural gas
from the Kurdistan Region for local supply and export throught the Nabucco pipeline.
KRG oil and gas contracts
The KRG has signed oil & gas production sharing contracts under the Iraqi Constitution and the Kurdistan Oil and Gas Law. Please see:
29 Jul 08: KRG announces 461 million square foot site for Kurdistan Gas City
25 Jun 08: KRG and Korea National Oil Corporation sign new petroleum contracts
23 Jun 08: KRG signs petroleum contracts with Talisman Energy
12 Nov 07: KRG signs five more petroleum contracts
6 Nov 07: Ministry of Natural Resources announces seven new petroleum contracts for Kurdistan Region, reviews five existing contracts
2 Oct 07: KRG Natural Resources Ministry announces new Kurdistan Region petroleum contracts
8 Sep 07: KRG signs oil and gas contract with US-based Hunt Oil and Impulse Energy Corporation (IEC)
26 Feb 07: KRG supports draft Federal Oil Law. Five pre-2005 contracts under review
Legal and economic opinions on Kurdistan Region’s oil and gas contracts
International expert finds KRG oil contracts “in the national interests”, “far superior” for Iraq than model contract proposed by Baghdad federal oil ministry
International law expert confirms KRG’s authority to manage oil & gas resources
Oil and gas rights of regions and governorates
Other information
1 June 2009: Minister Hawrami’s speech at oil exports ceremony
7 Feb 2008: Minister Hawrami speaks at the Chatham House think tank, London
Profile of Natural Resources Minister, Dr Ashti Hawrami
KRG.org search tool
To find other KRG press releases about oil and gas and revenue sharing, please use the Google Custom Search function at the top of this website. You can also find the press releases using the
archive search tool
, for example by searching for the terms 'oil', 'petroleum' or 'revenue'. Alternatively please look in the News -> Press Releases section of the website for the most recent KRG press releases.
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