VOL. XXXI

NO. 10

14-DECEMBER-1987

IRAQ

Proved and Probable Reserves Put at 140bn Barrels

Iraq's proved and probable oil reserves total 140bn barrels, according toDr. Hashim al-Kharasan, Director of the Iraqi Oil Exploration Company (IOEC), ina statement to the Iraqi News Agency (DNA) on 6 December. Dr. Kharasan said thatIraq's proved reserves were 100bn barrels and probable reserves 40bn barrels, upfrom a total of 112bn barrels in 1986 - 72bn in proven reserves and 40bn inprobable reserves (MEES,...