Disir
Platinum Member
- Sep 30, 2011
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Iraq could raise its oil production capacity to 6 million bpd over the next five years but no more than that because of constraints weighing on the industry’s expansion, the Deputy Prime Minister of the country, Ali Allawi, said, as quoted by Energy Intelligence, this week.
...Meanwhile, Big Oil is leaving Iraq, which is one of the reasons for the uncertainty of its oil industry growth’s future. Earlier this week, the news broke that state-owned Basrah Oil Company will buy Exxon’s stake in the West Qurna 1 oil field as the supermajor seeks to exit Iraq.
oilprice.com
If they can keep it together then they might see it.
...Meanwhile, Big Oil is leaving Iraq, which is one of the reasons for the uncertainty of its oil industry growth’s future. Earlier this week, the news broke that state-owned Basrah Oil Company will buy Exxon’s stake in the West Qurna 1 oil field as the supermajor seeks to exit Iraq.
Iraq Could Raise Oil Production Capacity To 6 Million Bpd | OilPrice.com
Iraq could raise its oil production capacity to 6 million bpd over the next five years but no more than that because of constraints weighing on the industry’s expansion
oilprice.com
If they can keep it together then they might see it.
