Hungarian firm Mol has massively scaled back its KRG plans, due largely to geology but also to the uncertainty that it will be paid for crude production.
Less than a year ago it hoped output from its Akri-Bijeel block would hit 35,000 b/d by end-2015 and 50,000 b/d by 2017-18. Now it says output will be stuck at little more than 2,000 b/d. (CONTINUED - 567 WORDS)
