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Kurdistan Regional Government Prime Minister Masrour Barzani Announces Two Major U.S.-KRG Energy Investments

  • Prime Minister Masrour Barzani signed two major energy agreements in Washington on May 19, 2025, between the Kurdistan Regional Government and American firms.
  • These agreements come after last month's $100 million deal between GE Verona and Taurus Energy aimed at enhancing the Bazyan power facility, highlighting increasing energy collaboration between the KRG and the U.S.
  • The Kurdistan Regional Government entered into agreements with two U.S. Energy firms: HKN Energy, headquartered in Texas, to develop the Miran Block, and Western Zagros, based in Houston, to manage the Topkhana-Kurdamir gas field within Kurdistan.
  • The agreements are worth a combined estimated $110 billion over their lifetimes, including $40 billion from HKN Energy, marking a major step toward energy sustainability, Barzani stated.
  • These agreements exemplify a strategic collaboration that promotes shared energy objectives and strengthens economic relations linking the Kurdistan Regional Government with U.S. Partners.
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Kurdistan Regional Government Prime Minister Masrour Barzani Announces Two Major U.S.-KRG Energy Investments

New Deals with HKN Energy, Western Zagros Will Advance Both Nations' Energy Goals

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ankawa.com broke the news in on Monday, May 19, 2025.
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