Friday, March 30, 2012

Looking beyond the Gulf and Russia: Kurdish Energy on Europe’s doorsteps

by Shwan Zulal

While crude is hovering above $100 per barrel, the rhetoric against Iran is ratcheting up, followed by the US and EU sanctions against the regime. With Iranian exports are being halted, global oil spare capacity is being squeezed.The Kurdistan Region of Iraq has been described as the last onshore oil and gas frontier in the world; and it is on Europe's doorsteps. In this article, Shwan Zulal, a consultant and expert in the oil and gas market in Kurdistan, explains why the EU should look at this region as a reliable energy partner in order to achieve the European energy strategy’s goals and why an active engagement with Kurdistan at the early stages of its development would insure a greater European influence and participation in the making of a potentially new major energy producer... Read more 

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