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Letter from Saudi Arabia: US-Saudi energy ties enter a new phase
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
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Kurdistan Iran Iraq KRG Gas US
PE Staff
30 June 2022
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Iran casts shadow over Kurdish gas aspirations

The Kurdistan region is facing political and military challenges as efforts to appoint a government in Baghdad descend further into chaos

Years of wrangling over the status of Iraqi Kurdistan’s oil and gas sector are coming to a head. And as Baghdad descends into further political upheaval, Tehran appears likely to be the key beneficiary. Independent Kurdish oil exports have been a prominent issue since they began in 2007. But the declaration in February by Iraq’s federal court that these exports are unconstitutional has added a high-profile legal edge to proceedings—with Kurdish expansionism up against vested interests in maintaining the status quo. With production of c.450,000bl/d and exports of c.350,000bl/d, the Kurdistan region accounts for a little over 10pc of Iraq’s oil flows. The Kurdistan Regional Government’s (KRG’s

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