Middle East Economic Survey

VOL. LIV

No 27

4-Jul-2011

A Realistic Outlook For Iraq's Oil Production In 2030

By Ali Khajavi

Mr Khajavi is an expert with the Strategic Planning Department at the Iranian Ministry of Petroleum (a.khajavi@gmail.com).

In fulfillment of the contracts concluded between the Iraqi Ministry of Petroleum and international oil companies, Iraq’s crude oil production is supposed to increase from 2.5mn b/d in 2010 to approximately 12mn b/d in 2017. However,...