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Iraq Oil & Gas Q3 2019

Iraq Oil & Gas Q3 2019

Key View:

Increasing production above 5mn b/d and beyond will be the focus of the oil sector in 2019, however, OPEC voluntaryproduction cuts will limit any growth as Iraq will act to stay within the limits on production. The Oil Ministry relinquished its roleoperating the four regional oil companies and instead hand this over to the re-established Iraq National Oil Company. Instead, theMinistry will concentrate on downstream operations, strategic planning and creating condition for increased investment in thesector. However, the Supreme Court ruled that parts of Iraq National Oil Company Law are unconstitutional casting ambiguity tostatus of the re-established company. New associated gas processing facilities and imports from Iran will boost gas supply and use inthe power sector, supporting fuel and oil exports.


Key View
SWOT
Oil & Gas SWOT
Industry Forecast
Upstream Exploration
Upstream Projects
Upstream Oil Production
Upstream Gas Production
Refining
Refined Fuels Consumption
Gas Consumption
Oil Trade
Gas Trade
Industry Risk/Reward Index
MENA Upstream Oil & Gas Risk/Reward Index
MENA Downstream Oil & Gas Risk/Reward Index
Iraq Upstream Oil & Gas Risk/Reward Index
Iraq Downstream Oil & Gas Risk/Reward Index
Market Overview
Energy Market Overview
Oil & Gas Infrastructure
Regional Overview
Middle East And North Africa Oil & Gas Overview
Oil & Gas Glossary
Oil & Gas Methodology

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