(EnergyAsia, October 27 2010, Wednesday) — Without substantiated evidence, Iran’s and Iraq’s respective claims of having higher oil reserves are unreliable and cannot be accepted, according to analysts including a former Iraqi oil minister. Iraq raised its estimate of proven oil reserves to 143 billion barrels, briefly putting it in third place in terms of…
MIDDLE EAST: Industry doubts new Iran, Iraq oil reserves data
Posted on October 26, 2010 by EnergyAsia