VOL. XLVI

No 28

14-July-2003

IRAQ

Iraqi Oil Production Capacity Will Be Determined By OPEC Quota System, Says FACTS

Iraq is likely to remain within OPEC and Iraqi oil production capacity will therefore be determined by the producer groups production quota policy, according to Honolulu-based FACTS Inc. In the report Iraq Oil Production Outlook: The Potential Versus the Possibility, published this month, FACTS analyst Hassaan Vahidy and FACTS President Fereidun Fesharaki write: The first step is to...