BAGHDAD — Since the American-led invasion of 2003, Iraq has become one of the world’s top oil producers, and China is now its biggest customer. China already buys nearly half the oil that Iraq produces, nearly 1.5 million barrels a day, and is angling for an even bigger share, bidding for a stake now owned by Exxon Mobil in one of Iraq’s largest oil fields. “The Chinese are the
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When it comes to the world’s rising oil powers, none has risen quite as quickly – and with such profound implications for global crude markets – as Iraq. Ravaged by decades of war and sanctions, Iraq’s oil industry is making a remarkable recovery. Production has rebounded strongly thanks to big investments by western majors in the country’s long-neglected southern oilfields. “
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Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2013 Article IV consultation with Iraq, the following documents have been released and are included in this package: Staff Report for the 2013 Article IV consultation, prepared by a staff team of the IMF, following discussions that
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Download PDF The executive summary of the INES in 22 Pdf pages was released towards the end of second week of June 2013. The work was done by Booz & Company under guidance of steering committee established by PMAC “Prime Minister Advisory Council” representing ministries of Oil, Electricity, Planning, Finance, Industry & Mining and Environment. It took 18 months and inc
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