Middle East Economic Survey
KRG Investors Concerned Over Potential Contracts Compromise
Firms investing in the Kurdistan Regional Government (KRG) area of northern Iraq have welcomed recent efforts by the regions Minister of Natural Resources, Ashti Hawrami, to resolve the Kurds dispute with Baghdad over their contracts. The stand-off has forced the KRG to turn off its early oil exports until a mechanism has been found to pay investors. But oil firms...