Iraq’s 4th Oil and Gas Licensing Round
Robert Hamill,Jonathan Musker, August 15, 2012
Since 2008, Iraq has been conducting a series of high profile oil and gas licensing rounds with the Iraqi Government’s strategy being to increase its energy reserves and raise oil production from current levels of 2.5 million barrels per day (“BPD”) to 6.5 million BPD by 2014.