The country, currently the third-largest oil exporter, could top 8.3 million barrels by 2035, making it “by far the largest contributor to global supply growth,” according to the report.
The country will need more than $530 billion in investments to meet the forecast levels for oil, gas and power supply through 2035. That’s $25 billion a year in this decade alone, according to the report. Iraq received $9 billion in energy funding last year.
IEA - Irag Energy Outlook
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