Oil export dispute pushes Kurds into heart of regional crisis

Issue 929 - 03 Aug 2012 | 3 minute read

Lured by a combination of extraordinary prospectivity and attractive fiscal terms, international oil companies (IOCs) are more and more prepared to discount the political risks of signing production-sharing contracts (PSCs) with the Kurdistan Regional Government (KRG), even though those risks are increasing exponentially with the growing acrimony between Erbil and Baghdad.

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