Research and Markets: Gain Fresh Insight into one of the World's Most Lucrative Industries of the World - The Oil Industry in Iraq.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c20491) has announced the addition of Iraq Oil Report 2005 to their offering.

This report is an updated insight into one of world's potentially most lucrative industry of the world as well as the Middle East; the oil industry of Iraq. The report studies the key aspects of the industry, the growing role of foreign investment and foreign oil companies in the Iraqi oil industry, the changing scenario and a realistic and scientific assessment of the level of security risk after the US takeover of the country in 2003 for investment purposes and the future outlook. The report is updated with the latest information collected through various reliable sources, containing graphic illustrations in form of tables and graphs and expert views.

The first chapter provides an introduction to the country of Iraq and introduces the reader, with the assistance of most latest data available, to the economy, geography, communications, transportation and other aspects of importance. The data provided has been sourced from World Bank, IMF, OPEC and highly reliable sources.

Chapter 2 provides a detailed background to the oil industry of Iraq. The chapter explores the organization of the oil industry, the companies, the reserves, the pipelines and the refineries as well as the uncertainty about the reserves' size and quality of oil supplied. The chapter contains an updated map of oil reserves, pipelines and refineries of Iraq.

Chapter 3 reviews the production of oil in Iraq over the past several years, its ups and downs and the reasons behind. It contains information on the extent of damage caused to reserves, pipelines and refineries due to wars Iraq has fought in the past few years and the continued fighting in the country, particularly in the northern region. The chapter also contains information on the oil refineries of Iraq.

Chapter 4 explores the exports side of Iraqi oil industry. It reviews the exports over the past several years and the reasons behind its ups and downs.

Chapter 5 is about the investments and stakes of the foreign companies in Iraq, both before and after the US takeover in 2003. The chapter explores various contracts and agreements that the Saddam government signed with foreign companies, their validity and the upcoming contracts and their likely nature, specially the likely role of the US oil companies in Iraq in future.

The final chapter is essentially a sum up of the report and contains expert recommendation about investment in the Iraqi oil industry

Companies mentioned include:

Iraq National Oil Company (INOC), State Company for Oil Projects (SCOP), Oil Exploration Company (OEC), Northern Oil Company (NOC), Southern Oil Company (SOC), State Organization for Marketing of Oil (SOMO), Sonatrach, BHP, Pacific, Shell, Bow, Nexen, CNPC, Total, Reliance, Pertamina, Eni, Japex, Petronas, Crescent, Bashneft, Lukoil, Mashinoimport, Strovexport, Tatneft, Zarubezhneft, Korean Consortium, Repsol, SPC, ETAP, TPAO and PetroVietnam.

For more information visit http://www.researchandmarkets.com/reports/c20491