Middle East Economic Survey


No 13


KRG Oil Sector Pushes Ahead Amid Challenging Times

Investment continues to pour into northern Iraqs Kurdistan Regional Government (KRG) oil sector. Despite rising political tensions in the region and a lack of any resolution in its four-year dispute with Baghdad over who controls the regions oil, explorers continue to mobilize rigs, output is on the rise and discoveries are being made.

The 22 March announcement by AIM-listed independent...