Q&A: Oil Minister Adil Abd al-Mahdi – Part 1
Iraq's oil minister discusses increasing production despite a fiscal squeeze, measures to keep IOCs whole, the Basra Gas Company and Zubair projects, and more.Iraqi OIl Minister Adil Abd al-Mahdi arrives ahead of the 168th Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Friday, Dec. 4, 2015. (LISI NIESNER/Bloomberg/Getty Images)
VIENNA - In a year clouded by crisis and conflict, Iraq's oil sector has provided a silver lining – in the form of record production and exports.
That growth has come in the face of several challenges: political disputes mar progress, and financial woes are deepening as oil prices remain low.
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