How private corporations will benefit from Kurdish independence

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Al-Masdar
How private corporations will benefit from Kurdish independence

The Kurdistan region of Iraq, rich with oil resources, has been a bargaining chip for large oil corporations in recent years. Companies have flooded into Kurdistan because of a lack of regulations, relatively cheap oil, export subsidies, and a political willingness shown by the KRG government to cooperate with corporate demands. U.S. involvement in Iraq has been, for some time, shifting around this flow of capital in Iraq with the installation of permanent military bases in Kurdish territory. What is developing in Iraq is a nation that will almost certainly be partitioned, not for the intention of conquering Iraq in the classical sense, but to use…

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