Two high profile deals between the KRG and key IOCs will result in increased investment. Oil and gas output ought to rise accordingly, but is it sustainable?

The KRG is getting creative to secure further investment in its upstream sector and it’s paying off. Last week’s deal with key producers DNO and Genel to wipe out a hefty receivables tab was followed this week by a “final settlement” to a long running dispute with the Pearl Consortium that has stymied gas...