VOL. XXXI

NO. 40

11-JULY-1988

IRAQ

Chalabi on Iraq's Oil Reserves

Iraq's proved recoverable crude oil reserves are currently estimated at lOObnbarrels in addition to 50bn barrels of probable reserves, according to Mr. Issamal-Chalabi, the Iraqi Oil Minister, who made this assessment in two newspaperarticles published in the Baghdad daily al-Thawra last month. Iraq's natural gasreserves, published during the Fourth Arab Energy Conference held in Baghdadlast March, are put at l,OOObn cu. ms. (35.3...