Comments on: Investing in Iraq http://blogs.reuters.com/globalinvesting/2009/04/28/investing-in-iraq/ Insights behind the investment headlines Sun, 19 May 2013 19:42:13 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: sidney http://blogs.reuters.com/globalinvesting/2009/04/28/investing-in-iraq/comment-page-1/#comment-1630 sidney Wed, 29 Apr 2009 13:08:43 +0000 http://blogs.reuters.com/globalinvesting/?p=1859#comment-1630 U Make excellent points. which is exactly why the U.S invaded iraq to begin with. all that stuff about 9/11 being the reason to invade iraq is nonsense. american saw dollar signs when it saw iraq. however with the countries likes saudia arabia who back al-qaeda, they are determined to make sure that the security situation in iraq never gets better, to ensure they remain america's top oil dog. U Make excellent points. which is exactly why the U.S invaded iraq to begin with. all that stuff about 9/11 being the reason to invade iraq is nonsense. american saw dollar signs when it saw iraq. however with the countries likes saudia arabia who back al-qaeda, they are determined to make sure that the security situation in iraq never gets better, to ensure they remain america’s top oil dog.

]]> By: Nikkei 225 http://blogs.reuters.com/globalinvesting/2009/04/28/investing-in-iraq/comment-page-1/#comment-1626 Nikkei 225 Tue, 28 Apr 2009 16:15:50 +0000 http://blogs.reuters.com/globalinvesting/?p=1859#comment-1626 With 115 billion barrels of proven crude oil reserves, Iraq has the world’s second-largest endowment of oil, amounting to 11% of the global total. Only 17 of 80 oil fields have been developed. There has been virtually no exploration for many years. Iraq also has significant proven natural gas reserves; virtually all are undeveloped. This country is a raw diamond with loads of investment opportunities, (energy, construction, telecom), Iraq will boom as soon as the security and political situation has been stabilized. With 115 billion barrels of proven crude oil reserves, Iraq has the world’s second-largest endowment of oil, amounting to 11% of the global total. Only 17 of 80 oil fields have been developed. There has been virtually no exploration for many years.

Iraq also has significant proven natural gas reserves; virtually all are undeveloped. This country is a raw diamond with loads of investment opportunities, (energy, construction, telecom), Iraq will boom as soon as the security and political situation has been stabilized.

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