Iraq's oil potential is far more than the initial forecast

Washington news, Barack Obama's national security adviser James Johns on July 24 said here today that the oil potential of Iraq's possession of people far more than earlier presumed.

Johns was at the U.S. Chamber of Commerce in Washington, held after the meeting and deliver a speech on the media made these remarks. He said: "They found more oil reserves, Iraq's oil potential of the total much higher than our previous forecast." Previously led the American Chamber of Commerce of the energy research institute, said Johns, as in the oil and gas exploration operations in Iraq has become easier than before, so that they are the exploration for more oil reserves.

Johns in the United States Chamber of Commerce meeting, a speech that the security situation in Iraq continue to improve the foreign companies to increase investment in the possibility of Iraq's oil industry.

Jul. 27, 2009