Kurdish government praises latest regional oil discovery
London (UPI) Oct 17, 2014 - A new oil discovery in northern Iraq moves the region closer to a 1 million barrel per day production goal, a Kurdish government official said Friday. British energy company Gas Plus Khalakan Ltd. announced an oil discovery in the Shewashan reserve area of the Kurdish north of Iraq had commercial prospects. "We are pleased with this new light oil discovery which will contribute t ... more
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