Fiscal squeeze will slow Iraq oil sector expansion
Lower oil prices and higher military spending mean Baghdad is struggling to find funds to develop southern oilfields
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In this article
- Southern development plans
- Basra Heavy grade
- Northern export disruption
- KRG export deal with Baghdad
- Independent KRG exports
- KRG fiscal difficulties
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_350.jpg "Excess gas is burnt off at a pipeline at Zubair oilfield in Basra (REUTERS/Essam Al-Sudani)")