Middle East Economic Survey


No 20  


Baghdad Eyes 600,000 B/D Of New Oil Capacity By End-2011

Iraq’s Ministry of Oil is pushing ahead with its ambitious upstream expansion program despite political uncertainty and a surge in violence in the wake of the 7 March elections. The ministry has been making progress on resolving obstacles to the development of shared fields with Iran and it expects projects awarded last year to deliver around 600,000 b/d of...