Federal government following federal court ruling: Allawi Iraq’s top court ruled against KRG’s independent energy sector KRG to set up two new oil companies to stave off federal takeover Iraq’s federal government is still talking with the Kurdistan Regional Government about resolving a standoff over its independent oil and gas sector, the deputy prime minister said June 18, as the semi-autonomous region announced plans to set up its own marketing and exploration companies. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “We have to recognize there is an issue here and it has to be resolved in the interest of both parties,” Ali Allawi, who is also finance minister, told reporters on the sidelines of the Iraq Energy Forum in Baghdad. KRG spokesman Lawk Ghafuri said on June 17 that the region would establish two oil companies to oversee upstream exploration and sales, in […]