'IOCs Demand Written Agreements, Payment Surety', APIKUR Spokesperson.

'IOCs Demand Written Agreements, Payment Surety', APIKUR Spokespersonlink to My FX Buddies Blog Speaking exclusively to Kurdistan24, Caggins laid out APIKUR’s conditions, stressing that without clear, binding agreements, international oil companies will not proceed with production and exports.Caggins illustrated the issue with a simple analogy: “I was at a restaurant in Zakho a couple of days ago, and I had breakfast. The restaurant owner understood that if he gave me chai, I was going to pay him in Iraqi dinar. It’s the same concept. If our companies are producing oil, they need to know how and when they will get paid.”