Iraq Oil Contracts

Unhappy Forecasts: Iraq's Future Oil Plagued by Problems

Shwan Zulal | Posted 17.04.2012 | UK
Shwan Zulal

Political power struggles have set the industry back and there doesn't seem to be any sign that the jostling for position will end soon. The fact that some oil companies are no longer sure if they even want to stay in Iraq can only be a testament to the fact that, after nine years, Iraq's oil policy has failed and that a change of direction is needed.