Kurdistan region of Iraq denies selling oil contract to Black Diamond

20/04/2014

The announcement of Black Diamond Company has been denied by the Ministry of Natural Resources of the Kurdistan Regional Government, It is noteworthy that few days earlier, the company had made an announcement, regarding signing of a contract for the purchase crude oil from the Taq Taq oil field in Kurdistan.
In a statement, the ministry said, "It denies the statements of the Black Diamond Company that it has signed a contract for purchasing crude oil from Taq Taq field of oil and provides a new refiner that it is run by a Kurdish group affiliated to the private sector called the Rejwan Company."
The ministry statement also stated, "Diamond Company , based in the Philippines, as well as Rejwan company, which a partner for the first one, have not been registered with the Ministry of Natural Resources in the government of the province , and the ministry do not have information on any of the two companies ."
It concluded, "The G-Nel Energy Company, which works in the Taq Taq field, told the ministry that it has no deal with Black Diamond and Rejwan," pointing out that "the ministry did not authorize the work to any new oil refinery in the region.

Last Update:: 20/04/2014

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