Iraq’s reforms: A white paper with no action plan

Iraq’s economic and fiscal crises, which came to the forefront this year following the onset of the coronavirus pandemic, were bound to happen at some point. What corona and the ensuing drop in oil prices and declining demand for oil did is accelerate the timing, according to the recently released Iraqi government white paper, a report of the Emergency Cell for Financial Reform. What the paper doesn’t predict is that…

Crude Oil Exports Data

Crude Exports 2013– December Update Crude Exports 2012 Crude Exports 2011 Crude Exports 2010 Crude Exports 2009 Official Selling Price 2014– January Update Official Selling Price 2013 Official Selling Price 2012 Official Selling Price 2011  Official Selling Price 2010 Crude Exports 2010 – Allocations vs Nominations Somo Lifters Products Imports 2010 Somo Presentation May 2011 (Arabic)

Oil Chaos

2 March 2007 Iraq’s draft petroleum law, approved by the cabinet this week, claims to be fair, clear, transparent and efficient. It’s anything but. The bill, which has to be approved by parliament before coming into force, emerged after a series of compromises — and US pressure — aimed at overcoming Kurdish opposition to any form of centralized power. The result is to enhance the country’s division along ethnic lines…