Posts

Showing posts with the label US Iran sanctions

Who really controls Kurdistan’s gas? The Dana Gas deal, the KRG’s silence and the hidden cost of selling energy to Iraq

Image
By Dr. Pshtiwan Faraj | Kurdish Policy Analysis      A $2.239 billion arbitration settlement, a contract running until 2049, expanded rights for Pearl Petroleum and a new battle over gas sales to Baghdad are raising uncomfortable questions about who ultimately controls Kurdistan’s most strategic natural resource. The latest dispute over Khor Mor gas is exposing a much deeper problem in the Kurdistan Region’s energy sector: the public still does not appear to have a clear picture of who controls the region’s gas, who is authorized to sell it, and how much of its future value has already been committed to private companies. At the center of the controversy is Pearl Petroleum, the consortium led by Dana Gas and Crescent Petroleum, and a settlement agreement reached with the Kurdistan Regional Government (KRG) on August 30, 2017. Kurdistan Parliament member Kawa Sheikh Ali has now sharply criticized that agreement, asking why a government would effectively commit its natural ...

US Imposes New Sanctions on Iran-Linked Weapons and Financial Networks

Image
Expanded sanctions target procurement channels tied to Iran’s military infrastructure In a statement, the Treasury said its Office of Foreign Assets Control (OFAC) had sanctioned 14 targets based in Iran, TĂĽrkiye, and the United Arab Emirates for their alleged roles in acquiring or moving weapons and related components on behalf of the Iranian government. SULAIMANI, April 22 ( Kurdish Policy Analysis )   — The U.S. Department of the Treasury  announced  a new round of sanctions on Tuesday targeting individuals, entities, and aircraft linked to Iran’s weapons procurement and transport networks, as part of ongoing efforts to curb Tehran’s military capabilities. In a statement, the Treasury said its Office of Foreign Assets Control (OFAC) had sanctioned 14 targets based in Iran, TĂĽrkiye, and the United Arab Emirates for their alleged roles in acquiring or moving weapons and related components on behalf of the Iranian government. The move comes as Washington seeks to weaken ...

Popular posts from this blog

Lindsey Graham Passing Reshapes Republican Foreign Policy—and Raises Questions for the Kurds

Lindsey Graham's Death Leaves a Void in US-Kurdish Relations

Trump warns Iran: 'Pickaxe Mountain' nuclear site is next