Majid Jafar, CEO Crescent Petroleum addresses session on Kurdistan Region of Iraq at Atlantic Council 2022

March 30, 2022

Nearly fifteen years since the Kurdistan Regional Government (KRG) passed legislation setting the foundations for an independent oil and gas sector in the region, Iraqi Kurdistan has achieved great strides, producing half a million barrels of oil and half a billion cubic feet of gas daily. However, there is tension with the federal government in Baghdad over constitutional rights and power-sharing. As Erbil and Baghdad work toward a solution, a vibrant energy sector continues to make strides in bringing these significant resources to market, offering powerful lessons for the rest of the country and the wider region. Where does the Kurdistan Region of Iraq’s energy sector go from here?

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