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
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With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
