Iraq

Country Analysis Brief Overview

Iraq has the fifth largest proven crude oil reserves in the world, and it passed Iran as the second largest producer of crude oil in OPEC at the end of 2012.
Despite having large proven oil reserves, increases in oil production have fallen behind ambitious targets because of infrastructure constraints and political disputes.
Iraq was the sixth largest net exporter of petroleum liquids in the world in 2012, with the majority of its oil exports going to the United States and to refineries in Asia.
The majority of Iraqi natural gas production is flared and Iraq was the fourth largest natural gas flaring country in the world in 2010. Iraq is taking steps to reduce flaring and to use its natural gas resources in power generation and for re-injection to increase oil recovery.
After years of power shortages, Iraqi efforts to increase generating capacity are moving forward. Iraq plans to triple generating capacity to 27 gigawatts by the end of 2015.

Analysis Last Updated: April 2013

Overview data for Iraq

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Petroleum (Thousand Barrels per Day)			2011					2012
		History	Iraq	Middle East	OPEC	World	Rank	Iraq
Total Oil Production	Production of crude oil (including lease condensate), natural gas plant liquids, and other liquids, and refinery processing gain (loss). Negative value indicates refinery processing loss.	Total Oil Production Enlarge chart Rollover line points for data.Close	2,628.99	26,874	35,179	87,329	11	2,986.64
Crude Oil Production	Includes lease condensate.	Crude Oil Production Enlarge chart Rollover line points for data.Close	2,625.68	24,026	31,784	74,136	8	2,983.33
Consumption	Consumption of petroleum products and direct combustion of crude oil.	Petroleum Consumption Enlarge chart Rollover line points for data.Close	818.00	7,905	9,112	87,605	24	884.00 ^FF
Net Export/Imports(-)	Net Exports = Total Oil Production – Consumption. Negative numbers are Net Imports.	Petroleum Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	1,810.99	18,969	26,067	--	161	2,102.64
Refinery Capacity	Crude oil distillation capacity as of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Refinery Capacity Enlarge chart Rollover line points for data.Close	638	7,245	8,987	88,097	29	638
Proved Reserves(Billion Barrels)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Proved Reserves Enlarge chart Rollover line points for data.Close	115.00	753	1,065	1,474	6	143.10
Natural Gas (Billion Cubic Feet)			2010					2011
		History	Iraq	Middle East	World	Rank		Iraq
Production	Dry natural gas.	Natural Gas Production Enlarge chart Rollover line points for data.Close	46	15,937	111,954	61		31
Consumption	Dry natural gas.	Natural Gas Consumption Enlarge chart Rollover line points for data.Close	46	13,277	113,321	85		31
Net Export/Imports(-)	Net Exports = Exports - Imports. Negative numbers are Net Imports. Note: Data range begins with the year 1990.	Natural Gas Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0	3,806	--	64		NA
Proved Reserves (Trillion Cubic Feet)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Natural Gas Proved Reserves Enlarge chart Rollover line points for data.Close	112	2,658	6,637	11		112
Coal (Million Short Tons)			2010					2011
		History	Iraq	Middle East	World	Rank		Iraq
Production	Production of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale).	Coal Production Enlarge chart Rollover line points for data.Close	0.000	1	7,954	68		0.000
Consumption	Consumption of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale) and net imports of metallurgical coke.	Coal Consumption Enlarge chart Rollover line points for data.Close	0.000	16	7,770	114		0.000
Net Export/Imports(-)	Net Exports = Exports – Imports. Negative numbers are Net Imports. Includes primary coal and metallurgical coke.	Coal Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	0.000	-15	--	85		0.000
Electricity (Billion Kilowatthours)			2009					2010
		History	Iraq	Middle East	World	Rank		Iraq
Net Generation	Conventional thermal electricity, hydroelectric power, nuclear electric power, and geothermal, solar, wind, and wood and waste electric power generation.	Electricity Net Generation Enlarge chart Rollover line points for data.Close	43.03	763	19,071	51		47.40
Net Consumption	Net generation+electricty imports-electricity exports-electricity distribution losses.	Electricity Net Consumption Enlarge chart Rollover line points for data.Close	30.19	656	17,360	57		35.12
Installed Capacity (GWe)	One billion watts or one thousand megawatts of electric capacity, as of January 1.	Electricity Installed Capacity Enlarge chart Rollover line points for data.Close	9.23	185	4,843	57		10.11
Total Primary Energy (Quadrillion Btu)			2009					2010
		History	Iraq	Middle East	World	Rank		Iraq
Production	Production of petroleum (crude oil and natural gas plant liquids), dry natural gas, and coal, and net generation of hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electric power.	Total Primary Energy Production Enlarge chart Rollover line points for data.Close	5.171	66	487	22		5.209
Consumption	Consumption of petroleum, dry natural gas, and coal, and net hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electricity. Also includes net electricty imports.	Total Primary Energy Consumption Enlarge chart Rollover line points for data.Close	1.457	27	488	42		1.500
Energy Intensity (Btu per 2005 U.S. Dollars)	Consumption per dollar of gross domestic product using purchasing power parities.	Total Primary Energy Intensity Enlarge chart Rollover line points for data.Close	6,403	10,867	7,461	77		6,413
Carbon Dioxide Emissions (Million Metric Tons of CO₂)			2010					2011
		History	Iraq	Middle East	World	Rank		Iraq
Total from Consumption of Fossil Fuels	Emissions from the consumption of petroleum, natural gas, and coal and the flaring of natural gas.	CO2 from Consumption of Fossil Fuels Enlarge chart Rollover line points for data.Close	113.54	1,798	31,502	36		139.35