Ashti Hawrami: Kurds sitting on significant reserves.
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Kurds discover up to 4bn barrels
Iraq's largely autonomous Kurdish north has discovered 3 billion to 4 billion barrels of oil, and hopes for far more, a minister said.
Ashti Hawrami, Iraqi Kurdistan's natural resources minister, told Reuters that total reserves in the area now recognised as Kurdistan, where minority Kurds have been largely independent since the end of the 1991 Gulf War, were an estimated 40 billion to 45 billion barrels.
Add to that disputed areas Kurds want to absorb into their enclave, and Hawrami said Kurdish reserves could reach 65 billion barrels.
Iraq's overall reserves are at least 115 billion barrels.