Report summaryIraq has made the largest contribution to OPEC capacity growth, almost 2 million b/d, since 2010 when it signed development contracts with IOCs. Its 150 billion barrels of oil reserves offer production longevity, making the country a key long-term supplier to the global oil market. In 2015, there was a large uptick in production from 3.5 million b/d in 2014 to 4.1 million b/d. This was been because of two main factors: the introduction of the Basrah Heavy blend and increased exports from ...
This report includes 2 file(s)
- Country Overview PDF - 1.96 MB 52 Pages, 22 Tables, 24 Figures
- Country Overview XLS - 953.50 KB