Download PDF Iraq’s development and the development of its oil sector are interwoven and should be viewed in a wider perspective. The Iraqi economy will, for a foreseeable future, depend on oil revenues to finance its investments and buttress its operations. In the longer term, Iraq’s stability and prosperity will depend on how successful it is in establishing a sustainable b
Read MoreDownload PDF In Iraq, the journey to prosperity and success will be much faster this time around – we did it 5,000 years ago, and we will do it again. Turkey’s insatiable demand for energy to sustain its growth and development has seen it casting aside its traditional suppliers as it looks to the Caspian region and Iraq to secure its energy requirements. According to the OE
Read MoreTurkey’s insatiable demand for energy has recently seen it cast its eyes towards the Caspian region and Iraq to meet its needs. According to the International Energy Agency reports, Turkey’s spending on energy imports reached $60 billion last year. That figure is expected to further increase this year. Attending the third Caspian Forum in Istanbul last week, I witnessed the at
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 MoreDownload the whole document as PDF file External debt Although various estimates and figures are being published and exchanged the stock of external debt is not precisely known. Moreover, as it had not been serviced since its inception the added capitalisation of accumulated interest is also problematic. Furthermore, much of the Gulf countries’ debt took the form of tran
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