From Yahoo Finance: 2025-05-20 07:43:00

The Kurdistan Regional Government solidifies ties with the US, sealing $110bn energy agreements. HKN Energy will operate the Miran Block worth $40bn, and Crest Energy International’s Western Zagros will oversee the Topkhana-Kurdamir gas field valued at $70bn. Barzani emphasizes energy sustainability and economic growth through these partnerships.

In a recent $100m deal, GE Verona and Taurus Energy upgrade the Bazyan power plant, servicing over 1.5 million homes in Iraq. This move complements the US-KRG economic partnership, highlighting a series of energy agreements. APIKUR urges the resumption of oil exports through the Iraq-Türkiye pipeline, stalled due to regional disputes and a legal ruling.



Read more at Yahoo Finance: KRG signs two energy deals with US companies