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OIL PUMP

Focus Legal, infrastructure framework key in lifting Iraqi oil exports

By Cuckoo James

LONDON (ICIS)--Well-established legal and infrastructure frameworks will help support Iraq's oil and petrochemical exports by ensuring stability and attracting investors, senior figures in the international energy sector said at the Iraq Petroleum 2013 conference on Tuesday.

An increase in Iraqi oil production could potentially hike the spare capacity at the disposal of the OPEC nations and change current oil pricing dynamics, the speakers said.

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MIDDLE EAST / AFRICA

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