Middle East Economic Survey

VOL. LII

No 12

23-Mar-2009

Shahristani Endorses Multi-Track Iraqi Oil Development

Iraq has plans to negotiate a number of fields outside its two announced bidding rounds, in a bid to accelerate crude capacity expansion. The new policy, outlined by Iraqi Minister of Oil Husain al-Shahristani on the sidelines of the 18-19 March OPEC seminar in Vienna, follows heated criticism of Iraqi oil policy, spearheaded by Iraqs Kurdish Deputy Prime Minister Barham Salih, and comes...