Iraq's oil production is now over 3 million barrels per day, the country's deputy prime minister for energy affairs said in Baghdad Monday.
Iraq
's oil
production is now over 3 million barrels per day, the country's deputy prime
minister for energy affairs said in
Baghdad
Monday.
"Oil production is now over 3 million barrels per day," Hussein
al-Shahristani said in a speech at the oil ministry. The country's production
was previously around 2.9 million barrels per day.
Oil Minister Abdelkarim al-Luaybi has said
Iraq
plans
on increasing production and exports this year to 3.4 million barrels per day
and 2.6 million barrels per day, respectively.
Iraq
exported 65.3 million barrels of crude in January--an average of about 2.1
million barrels per day--and earned $7.123 billion from oil sales, according to
oil ministry figures.
Shahristani also said that a new Gulf export terminal "has been examined
and oil will be exported from it during the next two days."
Oil ministry spokesman Assem Jihad has said that the terminal is part of a plan
to increase
Iraq
's
production and export capacity, and that the second of five planned terminals
will hopefully be completed this year.
The eventual goal is for
Iraq
to be
able to export 5 million barrels per day of oil from the south alone, Jihad
said.
Iraqi officials have said the country will be able to produce around 12 million
barrels per day by 2017, though the IMF has said these projections are too
high.
Διαβάστε ακόμα
Τρι, 24 Σεπτεμβρίου 2024 - 19:58
Τρι, 24 Σεπτεμβρίου 2024 - 19:54
Τετ, 18 Σεπτεμβρίου 2024 - 18:32
Τετ, 18 Σεπτεμβρίου 2024 - 18:27
Τρι, 17 Σεπτεμβρίου 2024 - 20:01