Iraq/Kurdistan: Explainer: Why Are Iraq's Kirkuk Oilfields So Important?
Nov 11, 2018
|
Reuters
View Original
Iraq’s oilfields in the disputed Kirkuk region have taken on new significance after the United States restored oil sanctions against neighboring Iran. Washington is pressuring Baghdad to resume exports that stopped last year. Iraq aims to raise its export capacity to 8.5 million barrels per day (bpd) in the coming years from less than 5 million bpd currently, 1 million of which could come via Kirkuk. But that resumption is not just a question of turning the tap back on.