(EnergyAsia, October 19 2010, Tuesday) — Iraq’s move last week to boost its proven oil reserves by 24% to 143.1 billion barrels has met with both skepticism and hope amid recent warnings from industry researchers that global oil production could begin to slip over the next decade. Oil minister Hussain al-Shahristani made the announcement last…
IRAQ: Questions abound over 24% boost to proven oil reserves estimate
Posted on October 18, 2010 by EnergyAsia