With oil reserves of 45 billion barrels, the Kurdistan Region of Iraq is in an enviable position. It has begun independently exporting its oil, selling its first cargo on the international spot market in April 2013. The Kurdistan Regional Government and the federal government in Baghdad are at odds as to whether this violates the Iraqi Constitution, and the KRG’s production-sharing contracts are at the centre of the dispute.
Encouraged by momentous finds by pioneering juniors, some of the world’s biggest and most powerful players have been setting up shop in the Region over the past two years.
Since 2009, TOGY has been the leading authority on the world’s most exciting onshore hydrocarbons frontier. Produced in close co-operation with the Kurdistan Regional Government, The Oil & Gas Year Kurdistan Region of Iraq 2013 is an indispensable resource on the region everyone is watching.