New Oil Discovery in Iraqi Kurdistan

Iraqi Kurds say they have struck a new oil find at the disputed district of Shaikhan, north of the city of Mosul.

According to the report from Azzaman, the discovery of reserves of up to 917 million barrels in an area close to Mosul, the capital Nineveh, is certain to fuel tension between Iraqi Kurds and the central government in Baghdad.

The area is administratively part of Nineveh but the Kurds have extended their control to most of the agriculturally and minerally rich plateau of Mosul, which is inhabited by a mixture of ethnicities including Christians, Shebeks, Turkmen, Yazidis as well as Kurds and Arabs.

A foreign firm is said to have made the discovery on behalf of the Kurdish Regional Government (KRG).

(Source: Azzaman)

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