Kurdistan Regional Government (KRG)

The October 2017 loss of Kirkuk to the central Iraqi government immediately deprived the Kurdistan Region of nearly half of its then-600,000 b/d production. Erbil has since exceeded expectations in bringing output back above 400,000 b/d as higher oil prices and the continuation of payments to IOCs has facilitated higher investment in oil field development.

10 Sep, 2021

Featured

GKP Eyes Shaikan Expansion

Gulf Keystone aims to complete expansion of Kurdistan’s Shaikan field to 55,000 b/d and submit an FDP for further expansion by end-2021.

KRG: GKP Eyes Next Shaikan Expansion

Oil & Gas

17 Dec, 2021

Top Story

KRG Repayment Obligations Offset Oil Revenue Gains

Having mortgaged its oil sales to get through previous economic crises, most of the benefits of higher oil prices are eluding Iraq’s Kurdistan Regional Government.

KRG Oil Export Revenues ($bn): Gross Earnings Leapt 25% To $2.29bn For Q2

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