Far from reaching its planned 1mn b/d end-16 target, KRG output has stalled at 600,000 b/d with gas export plans much delayed. 20 new blocks are on offer. But amid payment delays and geological complications will there be much interest?

Ashti Hawrami, head of the KRG’s Ministry of Natural Resources (MNR) announced plans to offer 20 exploration blocks to foreign firms during the CWC Kurdistan Iraq Oil Conference on 5 December. This marks a bold attempt to rejuvenate the KRG’s...