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

Read More

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

Read More

Iraq’s National Energy Strategy: Oil & Gas Production, Diversification, and Employment * , By Dr. Ali Merza

Download Introduction An executive summary, henceforth ES, of Iraq’s Integrated National Energy Strategy, INES, was released recently (22 pages); summarising a set of, reportedly, seven volumes. Obviously, such a brief document cannot fully describe seven volumes and as a result, commenting on it is bound to be provisional and incomplete. Topics covered in ES have many aspects

Read More

Tariq Shafiq on Iraqi Oil Reserves, by Stuart Staniford

Another interesting reference on Iraqi Oil Reserves (besides the al-Mehaidi report I already mentioned) is Iraq Oil Development Policy Options: In Search Of Balance by Tariq Shafiq from December 2003 (ie about 9 months after the US invasion). According to the article,  Tariq Shafiq is a petroleum engineer who was Vice President and Executive Director of the Iraq National Oil Co

Read More

THE INTEGRATED NATIONAL ENERGY STRATEGY OF IRAQ “2010-2030” Analysis of the Executive Summary, By Dr. Thamir Uqaili

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

Read More