Opec's second biggest oil producer plans 9mn b/d capacity by 2029, double current levels. But burdensome ‘technical service contracts’ have scared off many IOCs, and Baghdad is increasingly turning to its national oil companies for development. Will Iraq’s new government rise to the immense challenges facing the country’s upstream, downstream and powergen sectors?
| Crude Output | 4.01 | mn b/d |
| Crude Exports | 3.00 | mn b/d |
| Crude Export Rev. | 41.8 | $bn |
| Gross Gas Output | 2.57 | bn cfd |
*ALL EXCEPT CRUDE OUTPUT EXCLUDE KRG.
10 Sep, 2021
Featured
Iraq has signed its biggest energy deal in a decade. TotalEnergies’ multi-faceted deal covers not just crude expansion, but also gas capture, a long-stalled key water injection project, and the country’s first large-scale solar project. Now for the hard part-implementation.
10 Sep, 2021
27 Aug, 2021
6 Aug, 2021
2 Jul, 2021
11 Jun, 2021
Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.
By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.