Middle East Economic Survey

VOL. LII

No 47

23-Nov-2009

IRAQ

Northern Iraq In Flux Ahead Of Elections

Both oil and political developments in the Kurdistan Regional Government (KRG) are at a crossroads. A new and avowedly reformist KRG government, evolving regional power dynamics, rising tensions over the disputed region of Kirkuk and the continued stand-off with Baghdad over Kurdish oil policy are driving potentially destabilizing change. But despite the political risk, international oil companies...