Natural gas net imports in 2015 at lowest level since 1986

(Fri, 29 Apr 2016) U.S natural gas net imports fell to 2.6 billion cubic feet per day (Bcf/d) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcf/d. While both U.S. natural gas consumption and production have increased in recent years, natural gas production has grown slightly faster, resulting in a decline in net imports. Increasing domestic production of natural gas has reduced U.S. reliance on imported natural gas and kept U.S. natural gas prices relatively low.

Iraq Country Analysis Brief

(Thu, 28 Apr 2016) Iraq is OPEC?s second-largest crude oil producer and holds the fifth-largest proved crude oil reserves in the world. In 2015, Iraq?s production increased by almost 700,000 b/d compared with the production level in 2014, representing the largest year-over-year increase since Iraq?s production recovery in 2004, following the start of the Iraq war.

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