The Kurdistan Region could hold as much as 200 tcf (5.67 tcm) of natural gas reserves, representing between 1.5% and 3% of the world's total reserves. This positions Kurdistan for a prominent role in regional gas markets.
With 200 tcf (5.67 tcm) of recoverable natural gas bordering the Eurasian energy axis, the Kurdistan Region is at an energy crossroads.
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As per KRG's agreement with the Iraqi government and under the 2015 Budget Law