View Full Version : Despite Ups And Downs Iraq’s Oil Industry Sees Large Growth In 2012

01-30-2013, 02:33 PM
Like every year Iraq’s oil output was up and down throughout 2012. Despite that, the country saw large gains overall. That included the highest production and exports in 30 years, and a huge increase in revenues. This was the result of the work of foreign companies operating in southern Iraq, the opening of two new mooring points that allowed for greater foreign sales, and continued tension in the Middle East that kept petroleum prices high.

continued (http://musingsoniraq.blogspot.com/2013/01/despite-ups-and-downs-iraqs-oil.html)