Middle East Economic Survey
When The Dust Settles Iraqs Oil Will Flow
By Falah al-Khawaja
Mr Khawaja is an independent oil consultant, with 41 years experience in the Iraqi oil sector. He is based in 'Amman, Jordan (Email: firstname.lastname@example.org).
The First Licensing Round
On the last day of June 2009, Iraq held its first licensing round for the rehabilitation and upgrading of its major producing fields. The estimated reserves of the subject fields were about 40bn...