Insight - Oil's big players raise the stakes in Iraqi Kurdistan


LONDON (Reuters) - Iraqi Kurdistan's crude oil is plentiful and easy to get at, rare among undeveloped energy resources. The man managing it, a former North Sea engineer and consultant turned politician, knows how to attract investment.

But the companies working there under contracts with the semi-autonomous Kurdistan Regional Government (KRG) are not getting much out, and they are not getting paid, all because of a dispute over control with the national government in Baghdad.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

HKSAR gov't underpins all-out efforts to cope with impacts of rainstorm
Russia puts Ukraine's Zelenskiy on wanted list
China's smartphone shipments reach 69.3 mln units in Q1
Death toll from rains in southern Brazil climbs to 57, some 70 still missing
Sadiq Khan wins re-election as London mayor in further boost for Labour
China's modernization drive promotes common development of world: report
Xiplomacy: Merieux's decades-long bond with China
Xinhua, AFP hold photo exhibition marking 60th anniversary of China-France ties
Hamas negotiators in Cairo for Gaza truce talks
Germany denounces rising political violence after MEP seriously hurt

Others Also Read