KRG - 01

Iraq: Kirkuk Oil and the Collapsing Iraq-KRG Deal: Outlook for Investors and Crude Lifters

Kirkuk’s oil industry has seen a spike in violence in recent days. On 29 June a suicide bomber was killed by Kurdish Counter Terrorism Group snipers just a few steps short of entering a Shiite mosque in the NOC residential quarter of Arafa. The day before, NOC Director of Operations and Chief Engineer Sa’ad Hassan al-Karbalaie was assassinated in Arafa by gunmen armed with silenced pistols as he drove away from the Oil Institute building.

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