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Russia to restart oil projects in Iraqi Kurdistan, TASS cites energy minister

Published by Global Banking & Finance Review

Posted on February 27, 2025

1 min read

· Last updated: January 25, 2026

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MOSCOW (Reuters) - Iraqi Kurdistan and the federal government have managed to settle their oil disputes, which would allow Russian companies to restart their projects in the region, Russia's Energy

Russia to Resume Oil Operations in Iraqi Kurdistan Following Dispute Resolution

MOSCOW (Reuters) - Iraqi Kurdistan and the federal government have managed to settle their oil disputes, which would allow Russian companies to restart their projects in the region, Russia's Energy Minister Serge Tsivilev said, TASS news agency reported on Thursday.

One of the companies, which suspended works in the region, was Russia's largest oil producer Rosneft. It halted some operations due to security reasons as it conducted works near the border with Syria.

(Reporting by Olesya Astakhova; writing by Vladimir Soldatkin, editing by Alexandra Hudson)

Key Takeaways

  • Russia to restart oil projects in Iraqi Kurdistan.
  • Dispute between Iraqi Kurdistan and federal government resolved.
  • Rosneft to resume operations near Syria border.
  • Security concerns previously halted operations.
  • Energy Minister Serge Tsivilev announced the restart.

Frequently Asked Questions

What recent development has occurred regarding oil projects in Iraqi Kurdistan?
Iraqi Kurdistan and the federal government have settled their oil disputes, allowing Russian companies to restart their projects in the region.
Which Russian company suspended its operations in Iraqi Kurdistan?
Rosneft, Russia's largest oil producer, suspended its operations in the region due to security reasons.
What were the reasons for Rosneft halting operations?
Rosneft halted some operations in Iraqi Kurdistan due to security concerns while conducting works near the border with Syria.

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