| General information about the Iraqi oil |
| 1- The explored and affirmed |
spare oil 115 billion barrels |
| 2- The un explored additional |
spare oil: 250 billion barrels |
| 3- The oil production average(the beginning of 2005) |
1.942 million barrels/daily |
| 4- The local consumption average (the beginning of 2005) |
575 thousand barrels/daily |
| 5- The export average(the beginning of 2005) |
1.367 million barrels/daily |
| 6- The refining power of the refinery. |
597 thousand barrels/daily |
| 7- The spare of the natural gas (1/2005) |
110 trillion square foot. |
|
8- The production average of the natural gas(2003) |
0.1 trillion square foot/ annually. |
| 9- The consumption average of the natural gas (2003) |
53 billion square foot /annually. |
The Supreme Authority is the power council and Ministry of Oil.
The most important oil companies:
- Northern Oil Company (NOC)
- Southern Oil Company (SOC)
The most important gas companies:
- Northern Gas Company (NGC)
- Southern Gas Company (NGC)
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