Energy in Iraq
Encyclopedia
Energy in Iraq describes energy
and electricity
production, consumption and import in Iraq
. Energy policy of Iraq
will describe the politics of Iraq
related to energy more in detail. Electricity sector in Iraq is the main article of electricity in Iraq.
Oil provide 85 % of government income. The oil reserves of Iraq are the third biggest in the world after Saudi Arabia and Iran. In 2009 Iraq government had the target to increase oil production from 2.5 Moilbbl to 7 Moilbbl/d in six years. In June 2009 oil production rights were sold for BP
and China National Petroleum of Rumaila oil field for 20 years contract. Investments are estimated as $10–20 billion. Field reserves is 16.998 Goilbbl. In October 2009 Rumaila’s capacity was 1.1 Moilbbl/d. Iraq's total oil production was 2.4 Moilbbl/d.
Second auction took place in December 2009. Iraq sold rights for seven oil fields for 20 years time increasing oil production 4.7 Moilbbl/d in future. The production companies will receive from $1 to $5.5 per barrel produced:
World energy resources and consumption
]World energy consumption in 2010: over 5% growthEnergy markets have combined crisis recovery and strong industry dynamism. Energy consumption in the G20 soared by more than 5% in 2010, after the slight decrease of 2009. This strong increase is the result of two converging trends...
and electricity
Electricity generation
Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...
production, consumption and import in Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....
. Energy policy of Iraq
Energy policy of Iraq
Energy policy of Iraq describes the politics of Iraq related to energy. Energy in Iraq describes the energy and electricity production, consumption and import in Iraq...
will describe the politics of Iraq
Politics of Iraq
The politics of Iraq takes place in a framework of a federal parliamentary representative democratic republic. It is a multi-party system whereby the executive power is exercised by the Prime Minister of the Council of Ministers as the head of government, as well as the President of Iraq, and...
related to energy more in detail. Electricity sector in Iraq is the main article of electricity in Iraq.
Overview
| Energy in Iraq | ||||||
|---|---|---|---|---|---|---|
| Capita | Prim. energy | Production | Export | Electricity | CO2-emission | |
| Million | TWh | TWh | TWh | TWh | Mt | |
| 2004 | 25.4 | 346 | 1,203 | 851 | 31.6 | 81.2 |
| 2007 | 27.5 | 385 | 1,219 | 824 | 32.3 | 91.5 |
| 2008 | 28.2 | 395 | 1,369 | 966 | 35.8 | 97.4 |
| 2009 | 29.0 | 374 | 1,391 | 1,009 | 33.2 | 98.8 |
| Change 2004-2009 | 14.1 % | 8.1 % | 15.7 % | 18.5 % | 5.2 % | 21.6 % |
| Mtoe = 11.63 TWh, Prim. energy includes energy losses | ||||||
Oil production
Iraq was 9th top crude oli exporter 88 Mt in 2008.Oil provide 85 % of government income. The oil reserves of Iraq are the third biggest in the world after Saudi Arabia and Iran. In 2009 Iraq government had the target to increase oil production from 2.5 Moilbbl to 7 Moilbbl/d in six years. In June 2009 oil production rights were sold for BP
BP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
and China National Petroleum of Rumaila oil field for 20 years contract. Investments are estimated as $10–20 billion. Field reserves is 16.998 Goilbbl. In October 2009 Rumaila’s capacity was 1.1 Moilbbl/d. Iraq's total oil production was 2.4 Moilbbl/d.
Second auction took place in December 2009. Iraq sold rights for seven oil fields for 20 years time increasing oil production 4.7 Moilbbl/d in future. The production companies will receive from $1 to $5.5 per barrel produced:
- West Qurna FieldWest Qurna FieldWest Qurna is one of Iraq's largest oil fields, located north of Rumaila field, west of Basra. West Qurna is believed to hold of recoverable reserves, making it the second largest field in the world after Saudi Arabia's Ghawar oil field...
13 Moilbbl oil: LukoilLUKoilLukoil/LUKoil ; ) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; ....
85 % and StatoilHydroStatoilHydroStatoil ASA, trading as Statoil and formerly known as StatoilHydro, is a Norwegian energy company, formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. The Government of Norway is the largest shareholder in Statoil with 67% of the shares...
15 % - Majnoon oil field 13 Moilbbl oil: ShellRoyal Dutch ShellRoyal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...
and PetronasPetronasPETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and... - Halfaya FieldHalfaya FieldHalfaya Field is an oil field, located east of Amarah, Iraq. Halfaya is proven to hold of recoverable reserve and has production potential of but only produces currently....
: CNPC (PetronasPetronasPETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...
/ TotalTotal-Mathematics:*Total, the summation of a set of numbers* Total function, a type of partial function in mathematics* Total order, a common total relation in mathematics* Total relation, a type of binary relation in mathematics-Business and enterprise:...
) - Qaiyarah and Najmah field: Sonangol
- Garraf field: PetronasPetronasPETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...
ja Japan Petroleum Exploration Company Limited JAPEXJAPEXis a hydrocarbon exploration, production and transportation company. JAPEX explores and produces crude oil, natural gas and liquefied natural gas reserves worldwide. JAPEX has proven reserves of 272 million barrels in Japan and the rest of the world. Aside from operations in Hokkaido, Akita,... - Badra field: GazpromGazpromOpen Joint Stock Company Gazprom is the largest extractor of natural gas in the world and the largest Russian company. Its headquarters are in Cheryomushki District, South-Western Administrative Okrug, Moscow...
, PetronasPetronasPETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...
, Korea Gas CorporationKorea Gas CorporationKorea Gas Corporation is the public natural gas company and it was established by the Korean government in 1983. KOGAS has now grown to become the largest LNG import company in the world and operates three LNG regasification terminals and 2,721 km of natural gas pipelines in South Korea.-External...
(KOGAS) ja TPAO