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Source: Fadhil J. Chalabi, "Iraq and the Future of World Oil", Middle East Policy, Vol. VII, No. 4, October 2000, http://www.mepc.org/journal/0010_chalabi.htm Excerpt: [begin] Iraq's dormant oil potential is so huge that once it is activated and released it could cause drastic changes in world oil and energy politics. Iraq's present recoverable reserves, amounting to 112 billion barrels (bbl), are more than enough to sustain production at Iraq's pre-U.N.-sanctions levels for over 100 years. But this is not all. A very in-depth study undertaken by the Centre for Global Energy Studies (CGES) tries to prove that reserves yet to be discovered exceed those known to be recoverable. Accordingly, a totally rehabilitated and sanctions-free Iraq could expand its production capacity way beyond 8 million barrels per day (mb/d), easily reaching 10 mb/d, and theoretically even 12 mb/d under certain conditions, when U.N. sanctions are lifted or Iraq is allowed to develop oil under Security Council resolution 1284. [end] Please note that you may find an overview of the aforementioned Centre for Global Energy Studies (CGES) report at http://www.cges.co.uk/iraq.htm The report is approximately 800 text pages and includes 228 maps, figures and charts. This CGES report costs $52,000. Nathaniel Hurd Associate Center for Economic and Social Rights (CESR) 162 Montague Street, 2nd Floor Brooklyn, NY 11201 USA Tel.: 718-237-9145, x 21 Fax: 718-237-9147 Mobile: 917-407-3389 Personal E-Fax: 718-504-4224 E-mail: nhurd@cesr.org Website: http://www.cesr.org/ Afghanistan Information: http://www.cesr.org/Emergency%20Response/afghanistan.htm *The contents of this message may contain personal views which are not the views of ISP, unless specifically stated* -- ----------------------------------------------------------------------- This is a discussion list run by the Campaign Against Sanctions on Iraq For removal from list, email soc-casi-discuss-request@lists.cam.ac.uk CASI's website - www.casi.org.uk - includes an archive of all postings.