For decades, the rugged hills of northern Iraq were the sole preserve of sheep herders and the Kurdish militia known as peshmerga. Now they play host to some of the largest oil and gas companies in the world, drawn by its estimated 45bn barrels of oil.
“We are driving over huge reserves,” says Richard Lowe, drilling manager for oil explorer Gulf Keystone, as he crosses Iraqi Kurdistan’s oil-rich northern corner.
Kurdistan’s vast reserves draw oil majors - FT.com
No comments:
Post a Comment