Middle East

Iraq

Opec's second biggest oil producer plans 6mn b/d output by 2020, up from around 4.65mn b/d now. 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?

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Federal Iraq's May Crude Exports Top 3.5mn B/D, Pushing Export Revenues ($Bn) To 8-Month High
Iraq's Sales Gas Output Hits New Records As It Cuts Down On Flaring Rates (Mn Cfd)
Iraqi Gas Supplies To Power Stations Remain Flat In Early 2019, As Liquids Burn Rises