Middle East Economic Survey


No 50


MEES Agenda

Iraqi Oil Sector Faces Year Of Challenge And Promise

The year 2012 will be critical for Iraqs oil sector. In both the Kurdistan Regional Government (KRG) and federal areas of Iraq major oil and infrastructure projects are set to hit key milestones or begin. However, the massive planned oil industry expansion comes amid a sharp deterioration in oil relations between Baghdad and Irbil in the wake of Octobers ExxonMobil upstream...