(EnergyAsia, July 15 2014, Tuesday) — Iraq is losing hundreds of millions of dollars in revenue as warring factions led by ethnic Kurds and Sunni revolutionaries cash in on sales of crude and oil products seized from producing fields and refineries previously controlled by Baghdad. Last week, Kurdish troops took over two oilfields in northern…
IRAQ: Baghdad bleeding cash as Kurds take over oilfields, Islamic State profits from oil sales
Posted on July 15, 2014 by EnergyAsia