The KRG's gas export ambitions have received fresh impetus
Stars align for Kurdish gas exports
Erbil's long-held ambitions to sell its plentiful supplies to gas-poor neighbours move closer to fruition
The trio of foreign operators producing the bulk of Iraqi Kurdistan’s oil released an upbeat set of first-quarter results in May on the back of the global market recovery—albeit days before being notified that the regional government intends to amend arrears repayment terms to their detriment. Profitability and investment in their respective assets, clustered in the far northwest of the semi-autonomous territory, resumed. A promise by Bijan Mossavar-Rahmani, executive chairman of Norway’s DNO—operator of the most prolific field—to go “like a bat out of hell” after additional growth opportunities summed up the more bullish sentiment. 440mn ft³/d – New record Khor Mor output Of po
Also in this section
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
3 March 2026
The killing of Iran’s Supreme Leader Ayatollah Khamenei in US–Israeli strikes marks the most serious escalation in the region in decades and a bigger potential threat to the oil market than the start of the Russia-Ukraine crisis
2 March 2026
A potential blockade of the Strait of Hormuz following the escalating US-Iran conflict risks disrupting Qatari LNG exports that underpin global gas markets, exposing Asia and other markets to sharp price spikes, cargo shortages and renewed reliance on dirtier fuels
