Middle East Economic Survey
VOL. LIV
No 50
12-Dec-2011
Why Iraq’s Numbers Never Add Up: Solving The Mystery
By David Isaak
Dr Isaak is Senior Consultant on Iraq at FACTS Global Energy (FGE).
Under Saddam, Iraqi data were scarce and untrustworthy, especially following the 1991 Gulf War. The Iraqi oil industry has always been secretive, and the sanctions and controls on exports encouraged smuggling – not only government-sponsored smuggling, but also illegal cargoes of a more...
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