vietnam1969 Posted February 18, 2015 Report Share Posted February 18, 2015 Iraq's reserves of oil hit 200 billion barrel Published: 2015/2/18 18:00 • 11 Reads Baghdad {Alforat} -The Minister of Oil Adil Abdul-mahdi assured that "the oil reserves in Iraq will exceed 200 billion barrel. Thus, the country ranked the third or fourth globally, noting "Iraq needs a well-considered policy to make the oil and gas a key for pushing the economic development instead of being the only source for economy." Iraq's reserves of natural gas both free and associated gas are estimated at 132 trillion cubic feet, Abdul-mahdi said on Wednesday adding "Iraq takes the 12th place globally." 3 Link to comment Share on other sites More sharing options...
Wiljor Posted February 18, 2015 Report Share Posted February 18, 2015 Good morning Vietnam1969 With all that wealth they are sitting on they have to get it right this time or their plans and ours will not materialize. I feel Abadi is making things happen, obviously not fast enough for us but things are moving forward. Thank you for the post 1 Link to comment Share on other sites More sharing options...
hmmm Posted February 18, 2015 Report Share Posted February 18, 2015 What else do they want to make their economy based on? Oil isn't enough? Strangely enough that's kind of encouraging! Link to comment Share on other sites More sharing options...
vietnam1969 Posted February 18, 2015 Author Report Share Posted February 18, 2015 Good morning Vietnam1969 With all that wealth they are sitting on they have to get it right this time or their plans and ours will not materialize. I feel Abadi is making things happen, obviously not fast enough for us but things are moving forward. Thank you for the post Hello Wiljor-----agree that Adabi is moving a a fast pace compared to his predecessor but one man can only do so much. Waiting patiently for the great news to come out . 2 Link to comment Share on other sites More sharing options...
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