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Iraq

 
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Iraq

THE OIL SECTOR

Developments Through World War II

Natural seepage aroused an early interest in Iraq's oil potential. After the discovery of oil at Baku (in what is now the Soviet Union, on the west side of the Caspian Sea) in the 1870s, foreign groups began seeking concessions for exploration in Iran and in the area of the Ottoman Empire that became Iraq after World War I. The Anglo-Persian Oil Company (later renamed the Anglo-Iranian Oil Company and still later British Petroleum) was granted a concession in Iran and discovered oil in 1908. Shortly before World War I, the British government purchased majority ownership of the Anglo-Persian Oil Company.

The discovery of oil in Iran stimulated greater interest in potential Iraqi oil resources, and financial groups from several major nations engaged in protracted negotiations and in considerable intrigue with the Ottoman Empire in order to obtain concessions to explore for oil in Mosul and in Kirkuk, two locations in what later was north-central Iraq. Although a few concessions were granted prior to World War I, little surveying or exploration was done.

Data as of May 1988

 

Iraq - TABLE OF CONTENTS

The Economy

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GENERAL FACTS & LINKS

Country name
Iraq
conventional long form
Republic of Iraq
conventional short form
Iraq
local long form
Al Jumhuriyah al Iraqiyah
local short form
Al Iraq

Area -
total: 437,072 sq km
land: 432,162 sq km
water: 4,910 sq km

Geographic Location - Middle East, bordering the Persian Gulf, between Iran and Kuwait

Map references - Middle East

Capital - Baghdad

Border Countries - Iran 1,458 km, Jordan 181 km, Kuwait 242 km, Saudi Arabia 814 km, Syria 605 km, Turkey 331 km

Major Cities - Baghdad

Independence -
3 October 1932 (from League of Nations mandate under British administration)

National holiday - Revolution Day, 17 July (1968)

ISD CODE
Iraq 964

Languages Spoken - Arabic (official) and Kurdish

Weather Forecast - • Baghdad • Mosul • Saddam Irq-Afb / Civ • Shaibah / Basrah

Major Airports - Baghdad

Ports - Umm Qasr, Khawr az Zubayr, and Al Basrah have limited functionality

Population -24,001,816 (July 2002 est.)

Religion - Muslim 97% (Shi'a 60%-65%, Sunni 32%-37%), Christian or other 3%

Nationality - Iraqi(s)

Currency - Iraqi dinar

Currency Code - IQD

National Bird - "Kew" (Chukar)

Lakes - Hammer

Rivers - Euphrates, Tigris

Terrain - Mostly broad plains; reedy marshes along Iranian border in south with large flooded areas; mountains along borders with Iran and Turkey

Climate - Mostly desert; mild to cool winters with dry, hot, cloudless summers; northern mountainous regions along Iranian and Turkish borders experience cold winters with occasionally heavy snows that melt in early spring, sometimes causing extensive flooding in central and southern Iraq

Geography - Strategic location on Shatt al Arab waterway and at the head of the Persian Gulf

Waterways - 1,015 km
note: Shatt al Arab is usually navigable by maritime traffic for about 130 km; channel has been dredged to 3 m and is in use; Tigris and Euphrates Rivers have navigable sections for shallow-draft boats; Shatt al Basrah canal was navigable by shallow-draft craft before closing in 1991 because of the Gulf war

Natural hazards - Dust storms, sandstorms, floods

Natural Resources - petroleum, natural gas, phosphates, sulphur


More Iraq related links from
1Up Info

• Iraq Country Facts

• Middle Eastern Political Geography

• Iraq Political Geography

• Middle Eastern Physical Geography

• Iraq Towns & Cities

• Iraq History


Iraq related links from
1Up Travel

• Iraq Country Guide

• Iraq Detailed Maps

• Iraq Flag

• More Iraqi Flags

• Iraq Geography

• Iraq Travel Warnings

• Iraq Cities Weather

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Information Courtesy: The Library of Congress - Country Studies


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