Kurdistan Regional Government (KRG)

Southern exports have been maxed out at 3.46mn b/d over the last six months, and the stress is taking its toll on aging infrastructure. The 12 May elections are set to delay efforts to redress the government’s dependency on the Basra chokepoint.

The Iraqi PM says a deal has been reached to use the Kurdish-controlled export pipeline to Ceyhan. No timeframe has been given, and the KRG has yet to confirm, but lack of alternatives may force an uncomfortable arrangement.

Ali Nazir al-Shatari, Deputy Director General of Iraqi state oil marketer Somo says his organization is ready to market Kirkuk...

The Norwegian firm plans to boost its Iraqi Kurdistan spending 50% to $250mn in 2018. With Peshkabir field set to surpass 30,000 b/d by summer, oil prices up year-on-year and KRG payments seemingly stable, higher revenues are expected. But is DNO too reliant on Kurdish crude?

Reeling from the loss of 280,000 b/d production when Iraqi forces captured key Kirkuk fields in October 2017, the Kurdistan Regional Government (KRG) is unlikely to see sizeable production gains from fields under its control in 2018 threatening IOC payments and potentially fomenting further instability.

Iraqi Kurdistan’s political scene has been dominated by two parties for more than 40 years, but the fallout from September’s pyrrhic victory threatens each entity.

The KRG is down, but not yet out. Despite its oil revenues being slashed by the loss of Kirkuk, it is continuing to make steady progress in developing its oil and gas sector. Can it maintain this newfound momentum?

BP agreed 18 January to resume its role supporting Iraqi state North Oil’s efforts to ramp up Kirkuk field output...

Baghdad’s Northern Oil output is down despite taking over major Kirkuk fields in October. The decision to halt exports via Kurdistan despite the lack of viable alternative routes to market means near-term prospects for an increase look grim.