Oil Reserves, Production, Service Contracts, and PSAs Comments on Shafiq’s ‘Iraq’s Oil Historical Perspective’ By Ali Merza*

Download 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

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Iraq’s Oil Historical Perspective: Why? When? How? By Tariq Shafiq *

Table 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

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Karbala refinery on track. By AYMAN OGHANNA/Iraq Oil Report

BAGHDAD - 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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