Energy, Oil & Gas Policy – Page 17 – Iraqi Economists Network

Is Iraq’s Oil Industry going to grind to a halt? Comments by Dr. Thamir Uqaili *

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

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

$7.3 billion on KRG fuel imports could have been saved with affordable gas Editor's Note: Luay al-Khatteeb discusses the relationship between Kurdistan Regional Government (KRG) and Baghdad in an interview with Harem Karem of theThe Kurdistan Tribune. Harem Karem: How do you see the future of the current deal between Baghdad and Erbil? We are handing over the agreed oil

Long live the price maker Since its inception in 1960, OPEC and the world of oil has often been misunderstood or seen as shrouded in mystique or myth. OPEC members have 81% of the world’s known reserves with 66% being in the Middle East and though it now only accounts for a third of world crude oil production, the importance of the organization for the world’s future shoul

Low oil prices haven't been great for countries that heavily rely on the commodity. Governments in oil-producing states need oil's price to stay above a certain price so that they can meet their spending commitments. In a note to clients, Deutsche Bank's strategist Michael Hsueh shared a chart that shows the fiscal break-even price per barrel for major OPEC and non-OPEC count