Tariq Shafiq – Iraq’s Oil Reserves Revisited
Tag: bid rounds
Iraq’s Energy Strategy: A Mid & Long Term View
Thamir Al-Ghadban: Iraq’s Energy Strategy – A Mid & Long Term View Speech to “Iraq Petroleum 2010” conference – London Nov.29, 2010
West Qurna, Rumaila & Water Injection
I refer to your informative interview with Dhiya Jaafar, D.G. of Southern Oil Company (SOC), and would Like to share with you the following brief comments. – West Qurna-1 Mishrif reservoir seems to be over produced and hence there is a need to revise the production policy in this field with a view to minimizing pressure decline by reducing production from now until water availability is secured. I do not know…
$0.5 per barrel for the producing provinces: An equitable share or additional revenue?
In its 21st ordinary meeting held on 9th June 2009 the Council of Ministers-CoM in Iraq decided to propose a draft law which provide every producing province (Governorate) a 50 cent for every barrel of oil produced by it. The decision was said to be a fulfilment of Article 121 sub-paragraph “Three” of the Constitution regarding equitable revenue sharing. Apart from this brief note the CoM website provides no further…