The rise in Iraq’s oil production comes in spite of increasing rows over the development of fields in the semi-autonomous Kurdistan region of northern Iraq.
Over the past month, Chevron of the US, Total of France and Gazprom of Russia have followed the lead taken by ExxonMobil in 2011 and bought interests there, bypassing attempts by Baghdad to exert full control over all of Iraq’s oil resources.
Chevron was banned from applying for any further licences in the country’s southern provinces – the historic hub of production in the country – after angering Baghdad by purchasing oil rights from Reliance of India in territory controlled by the Kurdistan Regional Government.
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