Problems of the fuel and energy complex of Iraq: Analysis and possible solutions

Abstract

In this article, the authors analyze the state of the fuel and energy complex in Iraq. Authors try to make Iraq start a new path for development fuel and energy sector by reviewing investments in this sector. Iraqi Ministry of oil has announced ambitious plans to raise oil production and exports over the current decade by relying on foreign investment as a main means to achieve this increased production, and the main way for investors seeking to enter the Iraqi oil and gas market is growing by the oil licensing rounds announced by the Iraqi ministry of oil.