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2020-01-17 11:35:00

IRAQ'S OIL PROBLEM

IRAQ'S OIL PROBLEM

PLATTS - 16 Jan 2020 - Iraq is a "potentially vulnerable" oil supplier and heightened security concerns about OPEC's second-biggest crude producer could make it more difficult to ensure sufficient spare production capacity, the International Energy Agency said on Thursday.

"Recent events have shown that Iraq is a potentially vulnerable supplier, just as its strategic importance has grown," the Paris-based agency said in its monthly report. "Today, both China and India receive about 1 million b/d of oil from Iraq and another 1 million b/d moves to various European countries. In India's case, around 20% of its crude…

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Tags: IRAQ, OIL
Chronicle:
IRAQ'S OIL PROBLEM
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