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[14] [15] One stumbling block was the unpopularity of the law, as it is perceived by the Iraqi people. An opinion poll conducted in 2007 by Oil Change International and other groups shows 63% of Iraqis surveyed would "prefer Iraq's oil to be developed and produced by Iraqi state-owned companies [than] by foreign companies".
Between 100,000 barrels per day (16,000 m 3 /d) and 300,000 barrels per day (48,000 m 3 /d) of Iraq's declared oil production over the past four years could have been siphoned off through corruption or smuggling, according to a US Study from May 12, 2007. [34] National quality mark of Iraq
Khawr Al Amaya Oil Terminal Iraqi oil production has surged after years of disorder. [1] Historical development of oil production. Iraq was the world's 5th largest oil producer in 2009, and has the world's fifth largest proven petroleum reserves. Just a fraction of Iraq's known fields are in development, and Iraq may be one of the few places ...
Executive Order 13303 was issued on May 22, 2003, by United States President George W. Bush to protect the Development Fund for Iraq for the rebuilding of Iraq from any legal attachments or liens. Further, it protects Iraqi oil products and interests and ownership by US persons (defined to include US corporations) from attachment as well.
On January 9, Iraqi Kurdistan started shipping oil through its crude pipeline to Turkey. While the oil shipped was a fraction of Iraq's total production, the implications are very large.
Iraq oil law (2007) This page was last edited on 22 March 2022, at 08:06 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ...
Heading for Turkey to the north and Iran to the east, hundreds of oil tankers snake each day from near Kurdistan's capital Erbil, clogging the Iraqi region's often winding and mountainous highways.
The oil ministry official told Reuters he fell ill and was rushed to hospital during the trip and underwent heart catheterization surgery. "He’s out from the operating theatre and is in a stable ...