| Proven Oil Reserves (January 1, 2009E) |
115 billion barrels |
| Oil Production (2008) |
2.4 million barrels per day, of which 2.4 million barrels per day was crude oil. |
| Oil Consumption (2008E) |
0.6 million barrels per day |
| Crude Oil Distillation Capacity (2008) |
0.6 million barrels per day |
| Proven Natural Gas Reserves (January 1, 2009E) |
112 trillion cubic feet |
| Natural Gas Production (2006E) |
64 billion cubic feet |
| Natural Gas Consumption (2006E) |
64 billion cubic feet |
| Recoverable Coal Reserves (2008E) |
0 |
| Coal Production (2008E) |
0 |
| Coal Consumption (2008E) |
0 |
| Electricity Installed Capacity (2006E) |
8.9 gigawatts |
| Electricity Production (2006E) |
30 billion kilowatt hours |
| Electricity Consumption (2006E) |
29 billion kilowatt hours |
| Total Energy Consumption (2006) |
1.2 quadrillion Btus*, of which Natural Gas (5%), Oil (94%), Hydroelectricity (1%), Coal (0%) |
| Total Per Capita Energy Consumption (2006) |
46.6 million Btus |
| Energy Intensity (2006) |
18,528 Btu per $2000-PPP** |
|
| Energy-Related Carbon Dioxide Emissions (2006) |
99 million metric tons, almost all of which are from oil |
| Per-Capita, Energy-Related Carbon Dioxide Emissions (2006) |
3.7 metric tons |
| Carbon Dioxide Intensity (2006) |
0.9 Metric tons per thousand $2000-PPP** |
|
| Organization |
National hydrocarbons draft law currently in negotiation; will set governance of sector. The North Oil Company (NOC), South Oil Company (SOC), and the Missan Oil Company (MOC) are the three main upstream oil companies, with the North Gas Company (NGC) and South Gas Company (SGC) being the equivalents on the natural gas side. Other important entities include the Iraq Drilling Company IDC), Oil Exploration Company, Oil Pipelines Company, Oil Products Distribution Company, the State Company for Oil Projects (SCOP), and the State Oil Marketing Organization (SOMO). |
| Major Oil/Gas Ports |
Al-Basra, Khor al-Amaya, Khor az- Zubair, Um Qasr, Abu Fulus |
| Foreign Company Involvement |
CNPC, LUKoil, ONGC, Shell. 35 companies qualified for the first oil & gas bidding round and 38 registered for the second bidding round |
| Major Oil Fields |
Rumaila, Majnoon,West Qurna, Kirkuk, Zubair, Halfaya, Missan, Bai Hassan |
| Major Natural Gas Fields |
Mansouriya, Akkaz |
| Major Refineries (capacity, bbl/d) |
Baiji (310,000), Basrah (150,000), Daura (110,000), Khanaqin (12,000), K-3/ Haditha (7,000), Mufthiah (4,500), Qaiyarah Mosul (2,000), Kirkuk (2,000 |
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* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power.
**GDP figures from Global Insight estimates based on purchasing power parity (PPP) exchange rates.
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