Middle East Economic Survey

VOL. LIV

No 16

18-Apr-2011

IRAQ

Kurds Upbeat On Oil Agreement Prospects Amid Upstream Success

The Kurdistan Regional Government (KRG) on 11 April delivered an upbeat message on progress in oil discussions with Baghdad following a visit by Federal Finance Minister, Rafie al-'Isawi to Irbil. The negotiations are taking place as output in the Kurdish north is rising sharply and firms, most recently Canadas ShaMaran Petroleum, continue to make significant discoveries.

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