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Iraqi oil wealth 'going untapped' |
| Home | (BBC) - Iraq's oil reserves are significantly untapped and daily production could be doubled within five years, a report has concluded. Iraq is sitting on potential reserves of 100 billion barrels, nearly twice as much as currently estimated, according to a study by energy analysts IHS. If these reserves were exploited, it said, Iraq could overtake Saudi Arabia as the world's top oil producer. |