Iraq seeks stake in oil bonanza

Iraq, a major oil exporter, faces challenges in restoring its oil export levels to pre-invasion figures due to ongoing war and instability. Despite high global oil prices, Iraq's export capacity has diminished, with infrastructure frequently targeted by insurgents. The government, heavily reliant on oil revenues, struggles to meet public demands for improved infrastructure and services. Rising oil prices could benefit Iraqis, but security issues hinder progress.

What is the current daily oil export level of Iraq compared to its peak under Saddam Hussein?

• 1 million barrels per day, compared to 3 million barrels

• 2.5 million barrels per day, compared to 1.8 million barrels

• 1.8 million barrels per day, compared to 2.5 million barrels

• 3 million barrels per day, compared to 2 million barrels

What are the main factors hindering Iraq's oil production in the northern and southern oilfields?

• Environmental regulations and labor strikes

• International sanctions and trade restrictions

• Insurgent attacks and internal corruption

• Natural disasters and lack of technology

How does the Iraqi government plan to address the challenges in oil production?

• By seeking international aid for oil infrastructure

• By privatizing the oil industry

• By implementing intelligent plans to boost production

• By increasing military presence in oilfields

What is the primary concern of Iraqi citizens regarding oil revenues?

• Increasing military spending

• Reducing oil exports to stabilize prices

• Rebuilding the country's infrastructure

• Investing in foreign oil companies

What is the government's responsibility if it receives high oil revenues?

• To raise the standard of services in the country

• To invest in foreign oil markets

• To increase oil exports further

• To reduce taxes on oil companies