Now Available: Iraq Oil & Gas Report Q1 2015

A temporary agreement between Erbil and Baghdad has enabled oil exports from Ceyhan, boosting production in 2015. That said, due to the disruption caused by IS over 2014 and the impact of lower oil prices, we have downgraded our 2014 and longer term oil production forecast.

We highlight the following trends and developments in Iraq's oil and gas sector:

* A temporary breakthrough enabling in oil exports from the Kurdistan region and the restart of federal payments has signalled a significant rapprochement between Baghdad and Erbil. The deal is temporary for November and December, with a permanent oil revenue sharing agreement still elusive.
* Investment in Iraq is being limited as lower oil prices curbs capital expenditure and puts a greater focus on high margins projects. Iraq's fee-per-barrel contracts are not attractive in this environment.
* Due to the US-led military coalition, the security situation in Iraq has improved and seen companies return to exploration and production programmes.
* That said, projects in western and central Iraq remain on hold due to the continued uncertainty in the security situation.
* We have slightly revised 2014 oil production forecast from 3.3mnb/d to 3.14mnb/d given the disruption to operations from violence. Our long-term oil...

Full Report Details at
- http://www.fastmr.com/prod/924189_iraq_oil_gas_report_q1_2015.aspx?afid=301

The Iraq Oil & Gas Report has been researched at source and features Business Monitor International (BMI)'s independent forecasts for Iraq including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Iraq Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Iraqi oil and gas industry.

Key Benefits

* Benchmark BMI's independent oil and gas industry forecasts for Iraq to test consensus views - a key input for successful budgeting and strategic business planning in the Iraqi oil and gas market.
* Target business opportunities and risks in the Iraqi oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Iraq.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.

Regional Overview

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Corridor Resources Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2014
- Israel Oil & Gas Report Q1 2015
- Slovenia Oil & Gas Report Q1 2015
- EPL Oil & Gas, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2014
- Belgium Oil & Gas Report Q1 2015