Russia aids Kurdistan gas boost
Strategic investments from Rosneft have unclogged Kurdistan's messy export scene, paving the way for supplies to Turkey in the early 2020s
Natural gas prospects for the Kurdistan Region of Iraq look better than they have for several years. Production is up, a new gas pipeline to Turkey is planned and the region's energy ministry claims it will start gas exports in 2020. The latter is the latest bold promise typical of KRI oil minister Ashti Hawrami, who has admittedly done a reasonable job of licking the KRI's independent oil sector into shape. But it is probably unrealistic, given it does not accord with development plans from the region's gas companies. Their main focus is connecting the KRI's main power plants to gas in a process expected to take the next three years to complete. But the KRI now looks set to become self-suff
Also in this section
25 April 2024
Some companies with assets in Israel have turned towards Egypt as tensions escalate, but others are holding firm despite rising tensions
24 April 2024
But even planned exploration activity is unlikely to reverse declining output from mature fields
23 April 2024
Cheaper Russian barrels and lower overall crude prices have helped cut key oil consumer’s import bills in election year
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them