APIKUR, a representative body for international companies engaged in upstream oil or gas contracts in Iraq's Kurdistan region, has recently confirmed that they have not been contacted by any official bodies for discussions or negotiations pertaining to their operations. This comes amidst the backdrop of raging controversies and intensified debates surrounding oil or gas contract dealings within this geopolitically complex region.
1. APIKUR, representative of international companies in upstream oil or gas contracts in Kurdistan, has not been contacted for discussions or negotiations about their operations.
2. These revelations are set against the controversies and intense debates about oil or gas contract dealings in this complex geopolitical region.
3. Companies under APIKUR have remained largely unaffected by potential disruptions or controversies within the region.
4. The main concern of these companies is the continuous extraction of oil and gas resources, which has remained consistent without the need for intervention.
5. APIKUR has not received any communication from governmental or associated entities in Kurdistan, leading to unease within the organization.
According to a report by Natural Resource Governance Institute, the Kurdistan region of Iraq holds around 45 billion barrels of oil reserves, approximately 30% of Iraq's total proven oil reserve.
Meanwhile, these companies under the umbrella of APIKUR have remained largely isolated from the direct effects of any potential disruptions or controversies within the region. As APIKUR-affiliated businesses primarily involved in upstream oil and gas contracts, their main concern is the continuous extraction of these resources. Their operations have maintained a consistent rhythm without the need for direct intervention. Alarmingly, APIKUR, as the representative body, has not received any communication, enquiries, or official directives from governmental bodies or associated entities in Iraq's Kurdistan region, causing some unease within the organization.