Iraq oil status and possible increases in 2009 and 2010

The US state department reports Iraq oil production for second week of May, 2008 at 2.52 million bpd. (slide 22 of the 35 slide report) Iraq exporting 1.88-2.04 million bpd, since Sept 2007. The May, 2008 projection is for 2.04 million bpd. Vitol, Anadarko, and Dome oil companies have formed a consortium currently negotiating with …

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