Commentary on IEA Report: Iraq Energy Outlook, by Tariq Shafiq *

Download Commentary on IEA Report: Iraq Energy Outlook, by Tariq Shafiq * VC, IEA Energy Business Council ,Friday, 19 October, 2012 Mr Chairman, ladies & gentlemen: It is a privilege to address you on the subject of the path of Iraq energy sector, covered by the IEA Study of Iraq Energy Outlook   I will go over the main conclusions and express some thoughts thereabout to

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 first round of licensing in Iraq: economic evaluation Dr. Ali Merza

  Download the whole document as PDF file   I.  Introduction The initiation of two ‘licensing rounds’ in Iraq has involved the invitation of pre-qualified oil companies to bid for set-terms in service contracts, to rehabilitate and develop oil and gas fields in the north and south of the country. The first round comprises the currently producing fields, while the se

Read More

Interview with Tariq Shafiq by Ruba Husari

Download   Tariq Shafiq is one of the founding fathers, former director, vice chairman and executive director of Iraq National Oil Company (INOC) founded in 1964. He was also a veteran of its predecessor, Iraq Petroleum Company (IPC) where he served in various technical capacities since 1954, including as head of petroleum engineering. In this candid interview with IOF e

Read More

Re-visiting the Myths of Oil Policies* A Book Review “Oil Policies, Oil Myths” (Dr. Fadhil CHALABI, 2010) By Luay J. Al Khatteeb**, Oct 2012.

Not since Jahangir Amuzeger’s study Managing the Oil Wealth: OPEC Windfalls and Pitfalls (2001) has there been an authoritative study of OPEC. This time Dr. Chalabi’s study is from inside the organisation and for the first time we get an opportunity to see the truth about the workings of OPEC as he sets about chronicling its history. From its beginning in 1960, when Standard oi

Read More