The Politics of Oil in the Kurdistan Region of Iraq

Abstract

This research is aimed at identifying the role of petroleum revenues in the Kurdistan Region for better economic efficiency and sovereignty of the Kurdistan Region in the future. This study identifies some root causes of deficiency of revenue usage generally, as well as specific causes in the Kurdistan Region. Further, the study looks at the various factors that affect oil production in the Kurdistan Region and compares it to the Federal Government. This study seeks to show how the Kurdistan Region generates the oil reserves regionally, despite the difficulties it encounters with the Federal Government due to the constitutional ambiguity. The research analysis concludes the importance of energy efficiency for the Kurdistan Region both economically and politically.