Iraq loses $20-30 billion over global financial crisis

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18:2528/10/2008

BAGHDAD, October 28 (RIA Novosti) - Iraq has already lost $20 - $30 billion over the current global financial crisis, a government daily quoted the deputy chairman of the Iraq's oil and gas committee as saying on Tuesday.

According to the Al-Sabah newspaper, Abdul-Hadi al-Hassani said the losses had been caused by plummeting oil demand and prices.

Daily oil output in Iraq currently stands at 2.7 million barrels.

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<div style="border:1px solid #d3d3d3; padding:12px 15px;"><div style="padding-bottom:10px;"><a target="_blank" href="http://en.rian.ru/" title="'RIA Novosti' newswire.Top Russian news and analysis online" style="text-decoration:none;"><img src="http://rian.ru/i/rian_logo_small_eng.png" width="121" height="15" alt="RIA Novosti" title="'RIA Novosti' newswire.Top Russian news and analysis online" style="border:0px;font-family:Verdana, Arial, Helvetica, sans-serif; font-size:20px; font-weight:bold; color:#003768;" /></a></div><div style="width:100%; overflow:hidden;"><a target="_blank" href="http://en.rian.ru/world/20081028/117996975.html"><img src="" width="120" height="83" alt="" style="border:0px;float:left;padding:0px 15px 5px 0px; font-family:Arial, Helvetica, sans-serif; font-size:14px;" /></a><a target="_blank" href="http://en.rian.ru/world/20081028/117996975.html" style="color:#000000;text-decoration:none;"><strong style="font-family:Arial, Helvetica, sans-serif; font-size:20px; font-weight:bold;">Iraq loses $20-30 billion over global financial crisis</strong></a><p style="font-family:Verdana, Arial, Helvetica, sans-serif; font-size:12px; padding-left:135px;"><span style="color:#5590bf;">18:25</span> <span style="color:#5590bf; padding-right:7px;">28/10/2008</span> <span><a target="_blank" style="color:#d66938; padding-left:10px; text-decoration:underline;" href="http://en.rian.ru/world/20081028/117996975.html" title="Iraq loses $20-30 billion over global financial crisis">>></a></span></p></div><div style="padding-top:6px; font-family: Verdana, Arial, Helvetica, sans-serif; font-size:12px;"><a target="_blank" style="color:#d66938; text-decoration:underline;" href="http://en.rian.ru/" title="'RIA Novosti' newswire.Top Russian news and analysis online">Other news of the day</a></div></div>

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Iraq loses $20-30 billion over global financial crisis

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