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Home International Customs

Iraqi Kurdistan’s rise as an independent energy player

byCT Report
12/04/2016
in International Customs, Iraq
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BAGHDAD: Iraqi Kurdistan and the governing Kurdistan Regional Government (KRG) is in the midst of a major shift toward autonomy in the northeastern enclave of Iraq. Since the 1970s, the Iraqi Kurds have been struggling for autonomy having faced many internal and external hurdles.

Recently, the main external issue with Iraqi Kurdistan’s autonomy has been its ability to independently export and collect crude oil revenues – the backbone of its economy. A majority of Iraqi Kurdistan oil is exported to Turkey through the Turkey Ceyhan pipeline connecting Iraqi Kurdistan’s northern border and Ceyhan, Turkey, leading to the Mediterranean Sea.

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