'For too long, American officials have played in the Iraqi and Iraqi Kurdish oil markets to their own benefit,' mrubin1971 writes.
, let alone the broader U.S. government. For too long, American officials have played in the Iraqi and Iraqi Kurdish oil markets to their own benefit.
It is impossible to know Hochstein’s motives, but between the Obama and Biden administrations, he worked both for a Houston liquefied natural gas export company and on the board of a Ukrainian oil and gas firm. Unlike many inside the administration, he is no stranger to the private sector. First, the Iraqi Supreme Court last year found against the Kurdistan Regional Government’s oil and gas law. That was the basis for various Production Sharing Contracts with international oil firms. To encourage deliberate defiance of the Iraqi Supreme Court and government of Iraq has both legal and diplomatic ramifications.
Third, the logic that trans-Turkey pipelines sideline Russia and Iran is nonsense. Azerbaijan, which ships oil across Turkey for export, openly participates in gas swaps with the Islamic Republic of Iran to make up for shortfalls. Turkey, meanwhile, has become money laundering central for the Kremlin.
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