Monday, October 24, 2005

Iraq achieves the highest oil revenues in September :: Al Mendhar

It didn't hurt of course that oil prices are high, but increasing production and export is part of the increase. Al Mendhar also reports that the Assem Jihad, Iraqi oil minister, also stated "The delay of international grants, especially the American, that are designated for rehabilitating the oil sector, has contributed in the delay of rehabilitation."

Meanwhile, Saudi Arabia's oil revenues this year are projected to hit $163 billion, the highest in 22 years.

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