I move that Iraq oil has been the target of the major consumers, their governments and IOCs. Why? Iraq Oil the Jewel in a Global Context When? The answer is in the Background: The Concessions Era, The Loot of the First World War and 2003 Occupation How? The Events Speak for Themselves Full Text: Tariq Shafiq: Iraq Oil, A Target: Why, When & How
Category: The Forum
Discussion on oil and politics
The Challenge of Producing Joint Fields
The issue of producing shared or joint fields that straddle borders between Iraq and its neighbors is not new. It’s actually several decades old. The first example was the case of Naft Khana and Naft Shah oil fields, the names are for the parts of a single anticlinal structure extending across the border between Iraq and Iran. Many other examples are present such as the Dahlaran-North Abu Ghirab and Fauqa…
What Prospects for Iraq’s Oil?
If oil and politics are closely intertwined, this is certainly exemplified by the era of Middle East concession acquisition exploration and development, and more so in Iraq than anywhere else. The concession agreements were negotiated between the powers of the day, and enforced on the embryonic governments of the time. Production plans and policies were based on the consuming powers’ needs, with little consideration given to the concessionaires The concession era…
Iraq Energy Outlook
A capacity of 6 million b/d though achievable but is not the answer to the state requirements of revenue, while 12 million b/d can’t be maintained for a long time and requires higher investment within a short number of years and involves a high risk if the markets cannot absorb it. Committing huge investments to end up with an idle capacity is not an ideal scenario for Iraq. In my…