THE SITUATION OF IRAQI OIL INDUSTRY AND ITS PROSPECTS

Al Dulaimi Haidar Ali ()
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Al Dulaimi Haidar Ali: University of Al-Qadisiya, College of Economic & Administration, Iraq

Global Economic Observer, 2013, vol. 1, issue 2, 62-71

Abstract: Iraq is a major oil producer and exporter (the second one after Saudi Arabia), member of OPEC and was able to reform its oil sector and to gradually pass to a market economy system, by restructuring and privatizing its oil production, processing and distribution. Some medium term and long term priorities set for economic development are presented in the article and also investment and business opportunities existing for domestic and foreign investors.

Keywords: oil; gas; production; diversification; strategy; priorities (search for similar items in EconPapers)
JEL-codes: E61 F63 Q13 Q32 (search for similar items in EconPapers)
Date: 2013-11
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Persistent link: https://EconPapers.repec.org/RePEc:ntu:ntugeo:vol1-iss2-13-062

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