Middle East Economic Survey

VOL. LII

No 51-52

21/28-Dec-2009

Is Iraqs Oil Production Increase Necessary?

By Ali Hussain

Dr Hussain is an oil consultant and former OPEC officer (e-mail: alihussain27@gmail.com).

Many oil experts inside and outside Iraq are currently debating the issue of whether Iraq should seek to increase its oil production substantially, ie from the present level of 2.5mn b/d to 10mn b/d and perhaps more. To reach a conclusion on this interesting topic one has to study certain...