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By John Lee. During the opening of the first Iraq Oil Projects Exhibition and Licensing Rounds Conference in Baghdad at the weekend, the Minister of Oil reiterated his claim to have increased Iraq's oil and gas reserves by adding 6 billion barrels of crude oil and 32 billion standard cubic feet of gas. (Oil reserves
Iraq’s prime minister had directed his government to seek alternatives to Iranian gas imports, pointing to countries like Qatar and Turkmenistan as alternatives.
Both Qatari and US firms have reportedly submitted technical and commercial offers and expressed interest in investing in Iraq's gas sector.
By Simon Watkins for the OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Aramco Eyes Major Opportunity In Iraq Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key
The recently closed relationship deal between Iran and Saudi Arabia may pave the way for Saudi Aramco to start a number of large and highly profitable projects in Iraq