Middle East Economic Survey

VOL. L

No 18

30-Apr-2007

IRAQ

IHS Sees Possible Additional 100Bn Barrels Oil Reserves In Iraqs Western Desert

Iraqs oil reserves of 116bn barrels could almost be doubled by an additional 100bn barrels of reserves in the Western Desert, Colorado-based energy consultancy IHS said on 18 April, ahead of the launch of its Iraq Atlas in May. Noting that with 116bn barrels, Iraq is home to the worlds third largest oil reserves after Saudi Arabia and Iran, IHS said its analysis...