Recent days have seen two major announcements from Iraq’s oil and gas sector that may only add to the broad-based malaise felt by those who are frequently afflicted with cognitive dissonance when looking at the country. On the one hand, Chinese firms again won most of the 13 contracts for oil fields and exploration blocks awarded by Iraq’s Oil Ministry in the latest bidding round held from the 11th to the 13th of May. When fully developed these will add 750,000 barrels per day (bpd) of oil and 850 million cubic feet per day (MMcf/d)…
