Iraq

Country Analysis Brief Overview

Despite enormous oil reserves Iraq’s oil sector is constrained by the lack of investment resulting from years of sanctions and wars.
Iraq may be one of the few places left where vast oil reserves have barely been exploited.
Iraq’s natural gas sector is believed to contain significant untapped resources which the Government of Iraq would like to develop for domestic consumption and export.
Rehabilitation of the electricity sector is a major component of the Iraq reconstruction efforts.

Analysis Last Updated: September 2010

Overview data for Iraq

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Petroleum (Thousand Barrels per Day)			2011					2012
		History	Iraq	Middle East	OPEC	World	Rank	Iraq
Total Oil Production	Production of crude oil (including lease condensate), natural gas plant liquids, and other liquids, and refinery processing gain (loss). Negative value indicates refinery processing loss.	Total Oil Production Enlarge chart Rollover line points for data.Close	2,634.58	26,864	35,154	87,192	11
Crude Oil Production	Includes lease condensate.	Crude Oil Production Enlarge chart Rollover line points for data.Close	2,625.68	24,026	31,724	74,070	8
Consumption	Consumption of petroleum products and direct combustion of crude oil.	Petroleum Consumption Enlarge chart Rollover line points for data.Close	720.00	7,395	7,999	88,256	25	^F
Net Export/Imports(-)	Net Exports = Total Oil Production – Consumption. Negative numbers are Net Imports.	Petroleum Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	1,914.58	19,469	27,155	--	177	NA
Total Oil Exports to U.S.	Total crude oil and petroleum products.	Total Oil Exports to U.S. Enlarge chart Rollover line points for data.Close	NA		NA		NA	NA
Refinery Capacity	Crude oil distillation capacity as of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Refinery Capacity Enlarge chart Rollover line points for data.Close	638	7,245	8,987	88,097	29	638
Proved Reserves(Billion Barrels)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Proved Reserves Enlarge chart Rollover line points for data.Close	115.00	753	1,065	NA	5	143.10
Natural Gas (Billion Cubic Feet)			2010					2011
		History	Iraq	Middle East	World	Rank		Iraq
Production	Dry natural gas.	Natural Gas Production Enlarge chart Rollover line points for data.Close	46	15,937	111,333	61		31
Consumption	Dry natural gas.	Natural Gas Consumption Enlarge chart Rollover line points for data.Close	46	13,277	113,321	85		31
Net Export/Imports(-)	Net Exports = Exports - Imports. Negative numbers are Net Imports. Note: Data range begins with the year 1990.	Natural Gas Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0	3,806	--	64		NA
Proved Reserves (Trillion Cubic Feet)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Natural Gas Proved Reserves Enlarge chart Rollover line points for data.Close	112	2,658	6,669	11		112
Coal (Million Short Tons)			2010					2011
		History	Iraq	Middle East	World	Rank		Iraq
Production	Production of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale).	Coal Production Enlarge chart Rollover line points for data.Close	0.000	1	7,954	68		0.000
Consumption	Consumption of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale) and net imports of metallurgical coke.	Coal Consumption Enlarge chart Rollover line points for data.Close	0.000	16	7,770	114		0.000
Net Export/Imports(-)	Net Exports = Exports – Imports. Negative numbers are Net Imports. Includes primary coal and metallurgical coke.	Coal Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0.000	-15	--	85		0.000
Electricity (Billion Kilowatthours)			2009					2010
		History	Iraq	Middle East	World	Rank		Iraq
Net Generation	Conventional thermal electricity, hydroelectric power, nuclear electric power, and geothermal, solar, wind, and wood and waste electric power generation.	Electricity Net Generation Enlarge chart Rollover line points for data.Close	43.03	763	19,071	51		47.40
Net Consumption	Net generation+electricty imports-electricity exports-electricity distribution losses.	Electricity Net Consumption Enlarge chart Rollover line points for data.Close	30.19	656	17,360	57		35.12
Installed Capacity (GWe)	One billion watts or one thousand megawatts of electric capacity, as of January 1.	Electricity Installed Capacity Enlarge chart Rollover line points for data.Close	9.23	185	4,843	57		10.11
Total Primary Energy (Quadrillion Btu)			2009					2010
		History	Iraq	Middle East	World	Rank		Iraq
Production	Production of petroleum (crude oil and natural gas plant liquids), dry natural gas, and coal, and net generation of hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electric power.	Total Primary Energy Production Enlarge chart Rollover line points for data.Close	5.171	66	487	22		5.209
Consumption	Consumption of petroleum, dry natural gas, and coal, and net hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electricity. Also includes net electricty imports.	Total Primary Energy Consumption Enlarge chart Rollover line points for data.Close	1.457	27	488	42		1.500
Energy Intensity (Btu per 2005 U.S. Dollars)	Consumption per dollar of gross domestic product using purchasing power parities.	Total Primary Energy Intensity Enlarge chart Rollover line points for data.Close	6,403	10,867	7,461	77		6,413
Carbon Dioxide Emissions (Million Metric Tons of CO₂)			2009					2010
		History	Iraq	Middle East	World	Rank		Iraq
Total from Consumption of Fossil Fuels	Emissions from the consumption of petroleum, natural gas, and coal and the flaring of natural gas.	CO2 from Consumption of Fossil Fuels Enlarge chart Rollover line points for data.Close	108.42	1,708	29,778	37		118.31