Economics
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 917mn barrels in an area close to Mosul, the capital Nineveh, is certain to fuel tension between Iraqi Kurds and the central government in Baghdad. (Iraq Business News)
Source: http://www.iraq-businessnews.com/2012/04/22/new-oil-discovery-in-iraqi-kurdistan/
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