Recently Released Market Study: Iraq Oil & Gas Report Q3 2012
BMI View: Iraq has the greatest potential for oil production growth in the Middle East region. BMI believes that potential exists for almost 8mn barrels per day (b/d) of crude output by the end of the forecast period in 2021. This falls short of government expectations and the combined capability of all projects involving international oil company (IOC) partners. However, likely project slippage, technical difficulties, political instability, infrastructure lag and OPEC production policy are all issues that provide risks to...
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