The New York Times quotes Wayne Kelley

As Iraq Seeks Oil Investors, They See an Uncertain Bet

“The lack of infrastructure and graft are looming issues, but even if they are mitigated, the terms the Iraqis have been offering are not competitive with alternate uses of funds by international oil companies,” Mr. Kelley said.

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USA Today quotes Wayne Kelley

Hope arises for Iraqi oil production

“If foreign oil companies provide money and technical know-how in deals more ambitious than those now being negotiated, Iraq realistically could pump an extra 3.5 million barrels per day into the global oil market within two to three years, says Wayne Kelley, director of RSK, an oil consulting company that has studied Iraq’s oil sector for clients including the U.S. and Iraqi governments.”

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