HOUSTON, July 2 (UPI) --HOUSTON, July 2 (UPI) --A lack of infrastructure in the Kurdish north of Iraq could be an inhibiting factor in the region's oil development, analysis from Platts finds. Platts Oilgram News reports the semiautonomous Kurdistan Regional Government is engaged in a "war of words" with Baghdad over jurisdiction of oil in the country. KRG oil sent from the T
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Download PDF 1- Preface As from January 2014, the Kurdistan Regional Government (KRG) has begun to export crude oil directly to world oil markets through a new pipeline to the Turkish port of Ceyhan from oil fields under its control. Dispatched without the approval of Iraq’s central government, with the first shipment put up for sale before the end of January 2014. With the
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The government wants to expand power generation capacity rapidly, but proposed new legislation is inadequate for the task, say Luay Al-Khatteeb and Harry Istepanian IRAQ's electricity sector has been in crisis since 2003, with citizens still facing long hours of blackouts despite the government's mammoth spending on electricity over the past 10 years. The sector has underperfo
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Revenue through oil export in Iraq is likely to increase for the month of April as Basrah Light crude to Asia sells at the highest rate in more than a year against Saudi prices and shipments expand. Iraq is set to export the most Basrah Light in at least two years next month, at the same time as the grade’s discount to Saudi crude is the narrowest in 17 months. Alexander Poegl,
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