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Iraq plans to export 6.5 million barrels of oil in 2022

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Iraq plans to export 6.5 million barrels of oil in 2022 Empty Iraq plans to export 6.5 million barrels of oil in 2022

Post by RamblerNash Sun Apr 01, 2018 10:46 pm

Iraq plans to export 6.5 million barrels of oil in 2022

Iraq plans to export 6.5 million barrels of oil in 2022 CBF7EB1D-7043-484A-B096-475E1F604E1C_cx0_cy5_cw0_w1023_r1_s

Twilight News

3 hours ago

The Iraqi cabinet on Sunday approved a plan to increase crude production in the country to 6.5 million bpd by 2022, a government statement said.

Iraqi Oil Minister Jabbar al-Luaibi said in January that the current production capacity is close to five million barrels per day.

Iraq produces more than 4.4 million bpd, in line with the 14-member Organization of the Petroleum Exporting Countries (OPEC) agreement and some outside producers, including Russia, to cut supplies to boost crude prices.

Iraq, OPEC's second largest producer after Saudi Arabia, plans to award oil and gas exploration and development contracts in 11 new concession areas on April 15.

http://www.shafaaq.com/ar/Ar_NewsReader/2e0e42c6-0022-4197-8458-c67c330c6dc3

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