The cost of producing a barrel of oil in Iraq


Oil factor
 energy

Economy News Baghdad

Al-Iktissad News received special documents relating to the oil sector in Iraq.

The documents confirm that the cost of producing a barrel of oil in Iraq for 2019 estimated at 9.5 dollars, the lowest in the world after Kuwait.

The cost of production was estimated at $ 10.7 in 2017.

With regard to «service contracts for licensing rounds», the documents indicate that the profitability wages of companies engaged for each additional barrel product ranging from $ 1.15 to $ 7.5.

http://economy-news.net/content.php?id=16787

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s