Download PDF I wish to thank my esteemed colleague Dr. Ali Merza for his comments on my above named paper, published recently on the website of Iraqi Economists Network. Let me say From the onset that I find most comments of this type are not only helpful to the readers but also to me, especially at this time while I am writing a book on my 60 years experience of Iraq and th
Read MoreDownload PDF In recently published article, in Iraqi Economists Network, Shafiq (2013b), a respected oil expert, surveys and analyses histories, policy matters, critical issues, establishes parallels, and then reaches conclusions that reflect his deep knowledge and convictions. I do, by and large, share some of his views especially those relating to the oil & gas law, futu
Read MoreReport sees large disparities in regional energy prices affecting industrial competitiveness 12 November 2013 Technology and high prices are opening up new oil resources, but this does not mean the world is on the verge of an era of oil abundance, according to the International Energy Agency’s (IEA) 2013 edition of the World Energy Outlook (WEO-2013). Although rising oil o
Read MoreTable of Contents 1. Why? Iraq’s Oil, the Jewel in a global context: Iraq’s vital techno-economics statistics: Iraq’s Oil and Gas Reserve Iraq’s Oil and Gas in a Global Context A, B and C Iraq Oil Forecast & IEA 2012 Study Graphs 2. When? The Concession Era: the loot of the First World War and 2003 Occupation The Concession & Nationalised Eras The New
Read MoreBAGHDAD - An engineering, procurement and construction (EPC) contract to build the $4 billion Karbala refinery will be signed by the beginning of 2014, part of a revived effort by Baghdad to boost its neglected refining sector. "It was supposed to be awarded this year, but there were some issues related to the [budget] allocations for it, and probably it will be awarded at the
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