Ken McKellar | Al Bawaba

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In Iraq, the increase in stability and decrease in violence could help the government ramp up its oil production capacity, but the country’s infrastructure may not be equipped to support an increase in production

December 15th, 2011 - 05:55 GMT

Libya, Iraq 'will impact on oil trends in 2012'

The governmental changes in Libya will have a deep impact on how its oil industry functions, as well as the extent of its participation in the global market.