Oil optimism buoys draft budget

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Anticipating export increases due to new infrastructure and rising Kurdish production, Iraq's Cabinet has approved a record-setting draft budget of nearly $100 billion.

  • Barham Salih, prime minister of Iraq's Kurdistan Regional Government, in his office in Erbil. (BEN LANDO/Iraq Oil Report)

    Q&A: Barham Salih

    Shortly after signing watershed deals with ExxonMobil, the KRG's prime minister discusses the resource curse, the U.S. withdrawal, and the future of Kurdistan's oil sector.

  • Exxon Mobil executives and then-Iraqi Oil Minister Hussain al-Shahristani (right) at the Jan. 25, 2010, signing ceremony for the West Qurna 1 field. (BEN LANDO/Iraq Oil Report)

    Exxon risks West Qurna on new Kurdistan deals

    Exxon Mobil has signed six exploration deals with Iraq's semi-autonomous Kurdistan region, testing Baghdad's blacklist rule.

Pipeline dispute belies bigger problems

In Kirkuk, the start of the northern Iraq export pipeline to Turkey. (BEN LANDO/Iraq Oil Report)

The Kurdistan region says the North Oil Company can't keep the export line running, but Baghdad says all is well, and a dispute some thought was over is starting again.

Energy

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Iraq politicians question Shell gas deal transparency

Plus: *Reality sets in as KRG-Baghdad make oil export agreement *PKK bombing of Kirkuk-Ceyhan pipeline requires new Turkish strategy *Update and more exclusive documents on the Status Of Forces Agreement *The Iraq Press Roundup *Much more Key members of Iraq’s Parliament, including the chairman of the Oil & Gas Committee, have issued a statement outlining [...]

Business

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Plans vague, rely on oil

Iraqi workers build the base of a small bridge in central Baghdad on May 12, 2010, as part of municipal projects aimed at helping ease traffic in the congested Iraqi capital. (ALI AL-SAADI/AFP/Getty Images)

A new 5-year plan for economic and social development in Iraq offers little details, but relies on oil exports to double and fund projects that will only succeed if security improves.

Interviews

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Q&A: Barham Salih

Barham Salih, prime minister of Iraq's Kurdistan Regional Government, in his office in Erbil. (BEN LANDO/Iraq Oil Report)

Shortly after signing watershed deals with ExxonMobil, the KRG's prime minister discusses the resource curse, the U.S. withdrawal, and the future of Kurdistan's oil sector.