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George, Andrew (1)
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To ask the Secretary of State for International Development what the rate of oil production has been in Iraq in each of the last four years.
To ask the Secretary of State for International Development what the rate of oil production has been in Iraq in each of the last four years.
Asked by
Andrew George
(Liberal Democrat)
Answered by
Hilary Benn
(Labour)
Answering body
Department for International Development
Type
Written questions
Status
Answered
Tabled on
17 January 2006
For answer on
19 January 2006
Answered on
25 January 2006
Iraq reached its highest production levels; 3.5 million barrels per day (mbd)—just before its invasion of Kuwait in July 1990, before exports were halted by an international boycott. After the first Gulf War, oil production fell to about 500,000 barrels per day, enough for domestic consumption. (Figures taken from the US Congressional Research Service's Report to Congress on Iraq Oil, April 2005.) When the United Nations Oil for Food Programme started in December 1996, oil exports increased, although export levels were sporadic as a result of various disagreements between Iraq, its customers and the United Nations. During 1999 to 2001, production averaged 2.49 mbd and in 2002 Iraq's crude oil production rate was an estimated 2.02 mbd (source: US Energy Information Administration). Since the Second Gulf War, output has varied considerably as security problems and sabotage have disrupted the flow of crude oil to terminals in Turkey and the Persian Gulf; however, prices have remained high.With 115 billion barrels of proven crude oil reserves, Iraq has the world's second largest oil reserves, amounting to 11 per cent. of the global total (the largest is Saudi Arabia with 260 billion barrels). Only 17 of 80 oil fields have been developed; the most significant are Kirkuk in the north and Rumayla in the south.The following table shows rates of oil production in Iraq from 2003–05.
The following table shows actual oil revenues from these exports:
| Millions of barrels/day | ||
| Time | Crude oil production | Crude oil export |
| Estimated Prewar Level | 2.5 (prewar peak) | 1.7–2.5 |
| May 2003 | 0.3 | 0 |
| June | 0.675 | 0.2 |
| July | 0.925 | 0.322 |
| August | 1.445 | 0.646 |
| September | 1.7225 | 0.983 |
| October | 2.055 | 1.149 |
| November | 2.1 | 1.524 |
| December | 2.30 | 1.541 |
| January 2004 | 2.44 | 1.537 |
| February | 2.276 | 1.382 |
| March | 2.435 | 1.825 |
| April | 2.384 | 1.804 |
| May | 1.887 | 1.380 |
| June | 2.295 | 1.148 |
| July | 2.2 | 1.406 |
| August | 2.112 | 1.114 |
| September | 2.514 | 1.703 |
| October | 2.46 | 1.542 |
| November | 1.95 | 1.320 |
| December | 2.16 | 1.520 |
| January 2005 | 2.10 | 1.367 |
| February | 2.10 | 1.431 |
| March | 2.09 | 1.394 |
| April | 2.14 | 1.398 |
| May | 2.1 | 1.308 |
| June | 2.17 | 1.377 |
| July | 2.17 | 1.550 |
| August | 2.16 | 1.504 |
| September | 2.11 | 1.609 |
| October | 1.91 | 1.239 |
| November | 1.98 | 1.168 |
| December | 1.92 | 1.071 |
| Time | Oil revenue ($ billion) |
| June 2003 | 0.2 |
| July | 0.36 |
| August | 0.44 |
| September | 0.73 |
| October | 0.89 |
| November | 1.21 |
| December | 1.26 |
| Total 2003 | 5.09 |
| January 2004 | 1.26 |
| February | 1.10 |
| March | 1.61 |
| April | 1.50 |
| May | 1.36 |
| June | 1.28 |
| July | 1.40 |
| August | 1.24 |
| September | 1.75 |
| October | 1.99 |
| November | 1.25 |
| December | 1.44 |
| Total 2004 | 17.18 |
| January 2005 | 1.49 |
| February | 1.34 |
| March | 1.99 |
| April | 1.83 |
| May | 1.57 |
| June | 2.03 |
| July | 2.47 |
| August | 2.63 |
| September | 2.74 |
| October | 1.89 |
| November | 1.34 |
| December | 1.36 |
| Total 2005 | 22.68 |
| Total as of 4 January 2006 | 44.95 |
| Source: Brookings Institution, Iraq Index (January 2006) |
Subjects
Exports; Iraq; Income; Oil; Production
Date
25 January 2006
Reference
44450; 441 c2146-8W
House
House of Commons