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Iraq will be main oil supplier in coming two decades

Gulan Media August 21, 2013 News
Iraq will be main oil supplier in coming two decades
Iraqi deputy premier for energy affairs stated, in a lecture in Mumbai, India, that Iraq will be the main supplier in the coming two decades.

Shahristani made a lecture at the International Institute for Strategic Studies in Mumbai, India.

Talking to a number of companies and businessmen in the energy field, he pointed out that "India could depend on Iraq to meet its increasing needs of oil for a long time"; adding the Asian and Middle East companies will be the major markets for Iraqi oil".

Iraq is trying through international oil bids to increase its production from 3 million b/d to five in less than three years.



Soran Ali
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