DAILY MAIL (London)
October 5, 2010 Tuesday
148 words
IRAQ AHEAD OF IRAN IN OIL SUPERLEAGUE

IRAQ dramatically boosted estimates of its oil reserves yesterday to make it the world's second-largest producer.

The announcement promises a massive bonanza for British, American and other international companies that have joined the great Iraqi oil rush to capitalise on the war-ravaged nation's untapped natural energy resources.

And it will fuel cynics' suspicions over the U.S.-led 2003 invasion to topple Saddam.

While Tony Blair and George W Bush insisted they went to war over weapons of mass destruction, opponents claim the decision was really motivated

Iraq's massive oil potential.

In its first revision since the fall of Saddam, Iraq sharply raised the estimate of its proven reserves of oil

nearly 25 per cent to 143.1billion barrels.

If the revision is correct, Iraq leapfrogs ahead of Iran, which boasts 137.6billion barrels. Saudi Arabia tops the list with 264.6billion barrels.
October 5, 2010