Buoyed by a wave of initial exploration discoveries by first movers such as Norway’s DNO and London-listed Gulf Keystone Petroleum and Genel Energy, the Kurdistan Regional Government (KRG) set itself a goal of pumping a million bpd in 2015, and doubling that thereafter.
“We have the potential to export 250,000 to 300,000 bpd of oil,” KRG’s Oil Minister Ashti Hawrami said in late 2012.
“We
