Iraq's latest plans to boost oil output are moving in the right direction, the International Energy Agency's director for energy markets and security told Dow Jones Newswires Thursday.
"I was yesterday in Vienna and the Iraqi minister announced very ambitious plans in terms of developing their production level in the coming years," Didier Houssin said in an interview on the sidelines of a gas conference in Paris.
"They're certainly moving in the right direction," he said.
"The starting point is that the Iraqi potential is huge," he said, adding: "What is interesting is they want to force investment also with international oil companies and they want to give access to this potential to develop it in a short period of time," he said.