Middle East Economic Survey


No 45


Iraqi Gas Flaring Worsens

Iraqs Ministry of Oil has begun publishing data on crude and gas production, refining and supply to power stations, to add to existing export and revenue data available on its website. The move is a welcome step towards greater transparency in the oil sector, although some clarifications need to be made for some of the data to be useful. But the data publication does reveal two important trends one positive and...