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.

2 Jul, 2021

Featured

KRG Revenues Up

Iraqi Kurdistan exports 400,000 b/d. But onerous payment obligations mean it banks just 50% of gross revenues, meaning a constant struggle to make ends meet.

KRG Net Oil Revenues ($bn)

Oil & Gas

30 Jul, 2021

Top Story

KRG: DNO Blames Ministry Shake-Up For Tawke Slowdown

Efforts to modernize KRG oil governance are welcome. But key producer DNO says they have slowed decision making and delayed output gains.

DNOs Tawke License Saw Peshkabir Field Output Outperform The Declining Tawke Field For The First Time In Q4, With The Gap Widening In 1Q 2020

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