Recently, the IEA have published a full report on Iraq examining its current and future energy production and consumption. This thorough report discusses the possibility of Iraq overtaking Russia as the world's second largest oil exporter by 2035. This does not seem unobtainable, but will require greatly increased foreign investment in its production infrastructure in order to make it to this situation. Although investment requirements are unlikely to be problematic, politics and financial arrangements as well as security are potential restraints. Are there the right conditions in Iraq to facilitate the necessary investment to achieve the output targets?