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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The deputy Prime Minister for Energy Affairs, Hussain al-Shahristani, stated that the International Monetary Fund estimates indicate that Iraq will keep the rate of increase in economic growth over the next five years, while considered that the year 2014 will be a year of investment in the country. The major economic growth will take place for of course the oil reserves of the
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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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ERBIL - The consortium managing the only producing natural gas field in Iraq's autonomous Kurdistan region is taking the Kurdistan Regional Government (KRG) to court, alleging overdue payments that are likely to total over $2 billion. The dispute threatens to send an uncharacteristically chilling signal to foreign companies that have generally lauded the KRG's Ministry of Natur
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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
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