iraq-oil

It’s no secret that Iraq has a huge natural gas and oil supply, and it’s one of the main things that keeps the region in unrest.  Recently, they’ve attempted to sell rights to the fields, largely unsuccessfully.  The fields would yield huge supplies, but the companies bidding only receive any profits on barrels beyond the current yield.

Financial Times has a visualization of where each of the fields is, and who bid.  They promise to update the graphic with new information as bids change.

FT.com / Video & Audio / Interactive graphics – Crude competition.