Iraq’s primary natural resource is petroleum, but the country also has an abundance of natural gas, phosphates and sulfur. As of 2014, Iraqi officials report that the country’s petroleum reserves represent 115 billion barrels, but some analysts suspect that an additional 200 billion barrels of oil await discovery. Iraq has the second most abundant petroleum reserves in the world, trailing only Saudi Arabia.Continue Reading
A small number of oil fields are located in central and eastern Iraq, but the majority of the country’s reserves are in the northern and southern ends of the nation. The northern oil-rich region is called Kirkuk, while the southern oil fields make up the region known as Rumaylah. As of 2014, the total value of Iraq’s petroleum exports is approximately 89.4 billion dollars.
Aside from petroleum, most of Iraq’s economy is based around agriculture. Nevertheless, only about 12 percent of Iraq’s land area is used for farming, as of 2014. Farmers use irrigation systems to keep their crops watered in the dry desert-like climate of the country. Some areas, especially those between the Tigris and Euphrates rivers, have richer soils and are very important agricultural regions. Iraq’s primary agricultural products are wheat, rice and barley. Additionally, Iraq produces a significant portion of the world’s dates.Learn more about Geography
Pakistan's natural resources range from natural gas reserves, vast land, coal, petroleum, copper, salt and iron ore among others. It has the second largest salt mines in the world, as well as world’s fifth largest gold mines. It is one of the largest producers of wheat in the world and is the seventh country in the world with nuclear power.Full Answer >
Southwest Asia's most important natural resources are petroleum and natural gas. This area, also known as Western Asia and the Middle East, contains 40 percent of the world's natural gas and over half its oil.Full Answer >
Nonrenewable resources include coal, petroleum, natural gas and nuclear energy. Coal, as of 2015, is the most abundant nonrenewable resource, and coal mining creates problems, such as threatening worker safety, disrupting human and animal habitats, and increasing pollution.Full Answer >
There are numerous natural resources in the world, but 10 of the most important are fossil fuels, which include petroleum, coal and natural gas; minerals, forests and vegetation; animals; air and wind; water; sunlight; soil; geo-thermal power; and nuclear energy. A natural resource is any naturally occurring material or living thing that humans can use to meet their needs.Full Answer >