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Country Risk

Geopolitics Stymie Iraq’s Oil and Gas Plans

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  • Baghdad is reluctant to let Chinese state majors expand in its upstream as more Western oil firms eye the door.
  • Missile attacks in Iraqi Kurdistan show Iran’s willingness to destabilize the region’s energy sector.
  • Baghdad-Erbil tensions have escalated since a federal court ruling rejected the Kurdish oil sector’s independence.

The Issue

Topics:
Policy and Regulation, Security Risk , Resource Access, Conventional Oil and Gas
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