Download This report examines Iraq’s current hydrocarbon contracts. It posits that they leave IOCs with too much control over the country’s producing fields, and suggests alternatives. Since 2009, the Iraqi federal Oil Ministry has signed 11 so-called Technical Service Contracts (TSCs) and Development and Production Service Contracts (DPSCs) with some of the world’s largest int
Read MoreTopic: Scientific and Research Cooperation with Iraqi Universities an Academics
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file Synopsis A set of macroeconomic, development and social issues is taken-up in this paper. The argument starts from the fact that a construction boom is forthcoming, which is initiated and fuelled by sizable investment programmes. This is bound to raise important policy issues and unleash a hos
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. I. Introduction[i] The flaring of gas has been going on in Iraq for more than seventy years. In 2008, Iraq was classified as the fourth largest gas-flaring country (After Russia, Nigeria, and Iran), GGFR (2009). Furthermore, the utilization of produced gas has deteriorated from 30 percent dur
Read MoreFor full text of the paper including end-of-paper tables and appendix, click PDF file. Introduction and summary Since the establishment of the Arab League in 1945, efforts to free trade amongst Arab countries were considered vital steps on the way to realise economic (and ultimately political) unity. In spite of the impressive array of institutions and structures created within
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