Letter from Iraq: Kurdistan gas key to growth
Federal-backed but independent Kurdistan-focused national energy company could underpin better cooperation
The differences between the Kurdistan Regional Government (KRG) and the federal government of Iraq with respect to managing energy resources in the Kurdistan region are shrinking but continue to persist. Hope springs eternal, and there is a vision that could enable reconciliation that works for all. Gas reserves in the north of the country and within the Sulaymaniyah Governorate in the Kurdistan Region of Iraq (KRI) are estimated at 20–40tcf (0.57–1.13tcm), with the rest of the country estimated to hold 3.74tcm. Developed in a constructive and practical way, the northern fields can significantly help satisfy Iraq’s domestic energy demand. The historical underinvestment and insufficient infra
Also in this section
26 July 2024
Oil majors play it safe amid unfavourable terms in latest oil and gas licensing bid rounds allowing Chinese low-ball moves
25 July 2024
Despite huge efforts by India’s government to accelerate crude production, India’s dependency shows no sign of easing
24 July 2024
Diesel and jet fuel supplies face a timebomb in just four years, and even gasoline may not be immune
23 July 2024
Rosneft’s Arctic megaproject is happening despite sanctions, a lack of foreign investment and OPEC+ restrictions. But it will take a long time for its colossal potential to be realised