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Iraq’s Technical Service Contracts – A Good Deal For Iraq?
...ew of the call on OPEC and the likely pathway for Iraq’s oil production. In our most likely case, the call on OPEC only rises above 2007 levels after 2014 and reaches some 42mn b/d in 2022. In our high case for call on OPEC, due to a more rapid rise in global oil demand and weaker non-OPEC supply, th...
Volume: 52Issue: 47Published at Mon, 23 Nov 2009 -
When The Dust Settles Iraq’s Oil Will Flow
...ke it. Remember that the Energy Information Administration’s (EIA’s) best estimate for world consumption is that this will rise by only 7mn b/d by 2014. The strategy of technical support agreements, such as those under negotiation with the oil majors in 2008, should be revisited. These co...
Volume: 52Issue: 30Published at Mon, 27 Jul 2009 -
Global Energy Market Challenges And Long Term Responses
...ughly 7.6mn b/d out of a total potential 14.5mn b/d between 2009 and 2014 is at risk due to the oil price collapse. Although economic growth in the oil producing countries is projected to slow due to the impact of the crisis, the period of high oil prices in the past few years provided some go...
Volume: 52Issue: 24Published at Mon, 15 Jun 2009