Download PDF Dr Ali Merza’s excellent paper on the “The First Round of Licencing in Iraq: Economic Evaluation” ** has tempted me to write this short article as complementary knowledge to bring about the bigger picture to decision makers when fully evaluating the the next round of the Oil contracts. Although economic evaluation is critical to the decision making process, it do
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CAMBRIDGE – One of the biggest economic surprises of 2015 is that the stunning drop in global oil prices did not deliver a bigger boost to global growth. Despite the collapse in prices, from over $115 per barrel in June 2014 to $45 at the end of November 2015, most macroeconomic models suggest that the impact on global growth has been less than expected – perhaps 0.5% of global
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Iraq Energy Institute (IEI) conducted this exclusive interview with HE Thamir Al-Ghadhban, the Senior Advisor to the Prime Minister of Iraq on Energy Affairs. Mr. Al-Ghadhban has decades’ of experience in the energy sector, working through the nationalization period of Iraq’s oil industry in the 1970s and 80s, and held various senior positions in Iraq’s Ministry of Oil during t
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This comment refers to a blog by Mason Johnson on the subject mentioned in the title which was republished on the website of Iraqi Economists Network (see link bellow) The delay in implementing sea water injection is the main problem facing the increase of production from southern fields of Iraq at present. However there are other shortages resulting delays in increasing stora
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Erbil-Baghdad oil relations swing between deal, no deal ERBIL, Iraq — Encouraged by more international interest in purchasing its oil, coupled with the apparent failure of the federal Iraqi government to provide agreed-upon budget handouts, the autonomous Kurdistan Regional Government (KRG) has embarked on a new policy of unilateral independent oil sales. Since the b
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