Kurdistan Regional Government
Press Release
November 20, 2007
Dr Hussein Shahristani, the Iraqi Oil Minister, has issued threats against oil companies who have signed contracts with the Kurdistan Regional Government. He warns that Iraq 's oil will not be allowed to be exported.
Dr Shahristani has failed to deliver any meaningful projects through his Ministry year after year. He has not managed to spend even a quarter of the annual federal budget allocated to his Ministry, and is now trying also to deter others from doing the right thing for the country. It is amazing that a Minister in Baghdad should continue to threaten international oil companies (IOCs) with sanctions and punishment because they have decided to invest in one of the secure and safe parts of Iraq . Full Text
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