Related Articles
Forward article link
Share PDF with colleagues

Iraq: In for the long haul

The recapture of Kirkuk was swift, but the Baghdad-Erbil crisis is far from over

The core of the dispute between Baghdad and the Kurdish Regional Government (KRG) is sovereignty over disputed territory. But the fate of oil is inextricably bound up in the same dispute. At issue is the ownership of oilfields and export routes. On the one side there's the state-owned North Oil Company (NOC), with its Kirkuk fields now back in government hands; and on the other, companies operating under the KRG umbrella. In a matter of days, the Iraqi oil scene has undergone a huge change. For many months, prior to the latest crisis, close to 0.6m barrels a day of crude oil was flowing from northern fields to the Turkish port of Ceyhan for export, with the KRG pocketing the revenue in resp

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Letter from South America: Bolivia's shrinking gas role
21 January 2022
Declining production and cheaper LNG threaten the country’s role as gas supplier to its neighbours
US LNG eases European storage crisis
20 January 2022
The US is set to play an even larger role in the global gas market this year, with the country gearing up to overtake Australia as the world’s largest LNG exporter
Wintershall Dea quits Brazil, Argentine shale
20 January 2022
The German independent is overhauling its Latin American portfolio
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video