Kurdistan Region eyes record gas output of over 1 billion cubic feet per day in 2025

Quick summary for search results:With the KM250 expansion at the Khor Mor field entering final pre-production tests and the Chemchemal field ramping up, the Kurdistan Region of Iraq (KRI) is poised to lift total gas output to ~1.025 billion cubic feet per day (bcf/d) in 2025—putting it within striking distance of Iraq’s nationwide production. Key […]

Iraq’s budget shortfall crisis: can oil revenues save the second half of 2025?

Can Iraq’s Oil Revenues Plug the 2025 Budget Gap in H2? Probably not. Benchmark forecasts put oil at $60–$70 per barrel in 2025, while the IMF says Iraq needs ~$80 to fully fund its budget. Revenues (oil and non-oil) fell in the first five months, and spending typically accelerates in the second half. Unless Iraq […]