Petroleum and other liquids Iraq’s crude oil production (excluding condensates) averaged 4.1 million barrels per day (b/d) in 2020 and 2021, which was 600,000 b/d lower than in 2019 (Figure 2). More than 3.6 million b/d was produced under the central government in Baghdad, and about 445,000 b/d was produced at the northern fields currently operated by the KRG.15 Iraq created a
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Dr. Salah Haider wrote his PhD thesis titled " Land Problems in Iraq" in the early 40s of last century. And he defended it successfully in 1943 at London School of Economics and Political Science (LSE), University of London. Perhaps, he is the first Iraqi citizen who finished his PhD study at LSE. This made the British-trained Iraqi Economist a valuable technocrat to his home c
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Exterran Corp workers leave after more rocket attacks Plan to expand output from Khor Mor gasfield on hold Kurdish region heavily dependent on oil and gas revenues ERBIL, Aug 30 (Reuters) - A series of rocket attacks on a gasfield in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to the Kurdish region's hopes of boostin
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Iraq holds a very conservatively estimated 145 billion barrels of proven crude oil reserves. Hamid Younis, first vice president of the Iraq National Oil Company, said last week that the country is planning to ramp up crude production to 8 million bpd. A number of factors, including corruption issues, weak civil society, insecurity and lack of resources have kept Iraq
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The rejection of Russia has led the Middle Eastern country to emerge as the main alternative for obtaining the resource Jorge Ortiz Iraq continues to reach record oil sales figures. The country, for the fourth consecutive month, has become the world's main market for the precious resource and is causing the country to improve its economic level. According to the Ministry
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