Iraq has enormous amounts of oil

Posted by on Oct 28, 2013 | Leave a Comment

10/09/2013 12:00 AM

BAGHDAD – morning
adviser said the Iraqi Institute for Economic Reform, Dr. Ahmed al-Husseini that define the role of any other country Geo strategically based on available resources and comparative advantages of the country as well as its location within the circle of regional surrounding it.

said Husseini told the (morning) that, according to geological studies of modern van Iraq has 530 geological complexes strongly indicates the presence km massive oil. He pointed out that, according to reports from the ministries of oil, planning did not drilling of these structures only 115 complex, including 71 complexes proved to contain oil reserves enormous spread over many fields as an Iraqi fields discovered, according to the Central Agency for Statistics and Information Technology and the Ministry of oil about 71 oil fields did not take advantage of them only 27 from the field, including 10 giant fields is the Golden Gate to the sources of funding for the Iraqi economy.

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