Iraq’s Oil Reserves Even Higher?

Iraq’s proven oil reserves total around 173 billion barrels, Deputy Prime Minister Hussain al-Shahristani (pictured) said on Wednesday, according to a report from Dow Jones Newswires.

Only 143 billion barrels of these reserves have been fully audited, he said.

Another 30 billion barrels located in the Kurdish region of Iraq are considered proven but haven’t yet been fully audited, he said at the 12th International Oil Summit in Paris.

(Source: Dow Jones Newswires)

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  1. Iraq’s Oil Reserves Even Higher? April 8, 2011 at 6:30 am #

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