Financial Times FT.com

Iraq’s Kurds to go it alone on oil deals

By Carola Hoyos in London

Published: March 22 2007 20:40 | Last updated: March 22 2007 20:40

The Kurdistan regional government plans to triple the number of foreign oil companies operating in its region by the end of the year regardless of whether Iraq’s parliament passes a politically sensitive hydrocarbon law.

In an interview, Ashti Hawrami, the Kurdish energy minister, said Kurdistan would become a hub for energy companies that were not ready to invest in the rest of Iraq because of security concerns.

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