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Russia announces imminent resumption of oil projects in Kurdistan Region
2/27/2025
The Russian Ministry of Energy announced, on Thursday, the imminent resumption of oil projects in the Kurdistan Region.
The Russian news agency TASS quoted Russian Energy Minister Sergei Tsevilev as saying that the Kurdistan Region of Iraq and the Iraqi government had reached a settlement to their disputes over oil, which would allow Russian companies to resume their projects in the region.
Among the companies that suspended operations in the region is Rosneft, Russia's largest oil producer.
The company has suspended some operations for security reasons while carrying out work near the border with Syria.
Last Monday, Iraqi Oil Minister Hayan Abdul Ghani said that Iraq is waiting for Türkiye's approval to resume oil flows from the Kurdistan Region of Iraq, hoping to resume them within two days.
According to TASS, the Russian Energy Minister said he had received information about resolving the differences between the region and the federal government. LINK