Reuters exclusively reported oil production in the Iraqi region of Kurdistan could almost halve by 2027 if there is no new exploration or major investment in the sector. A steep decline in oil revenue, a lifeline for the Kurdish Regional Government, would compound the economic woes of a region already struggling financially within an unstable Iraq. |
Energy
Reuters reveals Iraqi Kurdistan’s oil output could halve without investment
31 August 2022, 2:30 pm 1 minute
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Middle East
Countries: Iraq
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text