Jihadist Advance Threatens Key Iraq Oil Facilities

Iraq’s plunge into a deeper sectarian divide following the advance of Sunni militants across the northern Sunni heartland and the seizure of the country’s biggest oil refinery is certain to have implications for the oil and gas industry.

Iraq’s plunge into a deeper sectarian divide following the advance of Sunni militants across the northern Sunni heartland and the seizure of the country’s biggest oil refinery is certain to have implications for the oil and gas industry.

There has been no immediate disruption to production and exports from Iraq’s southern oil heartland. But the speed with which the Jihadists of the Islamic State of Iraq and greater Syria (ISIS) captured territory poses serious challenges and raises questions about Iraq’s stability.


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