While one cannot exclude strategic motive to announce the reserves increase at this time, there is certainly room for doing so. Let us hope that the MoO is embarking on a policy of enlightening the industry, the public and the concerned Iraqi technocrats. The MoO statement while informative to the public, it is short of the necessary elaboration to be more meaningful to the oil technocrats. However, in my opinion Iraq oil reserves, as the…
Tag: Tariq Shafiq
Perspective: Iraq plays for high stakes
12 November 2004 Iraq plans to revive its national oil company, dismantled by Saddam Hussein, by the end of the year. But the structure and role of Iraq National Oil Co. are proving highly contentious, with arguments between Iraqi oil veterans, oil ministry officials and politicians in the interim establishment a reflection of the conflicting visions of Iraq’s future. Energy Intelligence Middle East correspondent Ruba Husari reports on the controversy,…