Question to the Department for International Trade:

To ask Her Majesty's Government what assessment they have made of whether there are new opportunities for British companies in the energy sector in the Kurdistan Region of Iraq.

The Department for International Trade (DIT) team in Iraq continues to assess the ongoing opportunities in the energy sector in the Kurdistan Region of Iraq (KRI) and help British companies access applicable opportunities.

Companies in the Oil & Gas sectors are making particular progress in the KRI and we would recommend that any prospective market entrant should seek advice from the DIT team in the country about how to mitigate risks. Companies should also bear in mind that, as per the Prime Minister’s announcement of 12th December 2020, the Government is phasing out direct support to the fossil fuels sector as the UK transitions toward a low-carbon economy.