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[ltr]The International Energy: Iraq will regain second place in the "OPEC" By 2022[/ltr]
Since 07/03/2017 16:39 pm (Baghdad time)
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[ltr]Scales News - Follow-up[/ltr]
[ltr]He expected the International Energy Agency on Tuesday that "OPEC" organization will increase its production capacity by about two million barrels per day by 2022, particularly driven by increased production in Iran and Iraq, while confirming that this would disrupt the global oil market, noting that Iraq will regain second place in the "OPEC" by 2022.[/ltr]
[ltr]The agency suggested OPEC crude production capacity for sustainable growth to 37.85 million barrels per day by 2022 from 35.9 million bpd in 2016.[/ltr]
[ltr]The agency, based in Paris, that the increase, led by Iraq, Iran, the UAE and Libya came assuming achieve political stability in the past, and to resume the production of common fields between Saudi Arabia and Kuwait in the neutral zone.[/ltr]
[ltr]The agency had predicted in February 2016 energy growth, "OPEC" by 800 thousand barrels per day between 2015 and 2021 to 36.44 million barrels a day.[/ltr]
[ltr]The agency assumes investment abroad is relatively limited in exploration and production projects in the Islamic Republic over the next six years to increase production capacity by 400 thousand barrels per day to 4.15 million barrels a day.[/ltr]
[ltr]The agency added that "Iraq will regain second place in the" OPEC "By 2022, at least, as the agency expects to increase Iraq's production by 700 thousand barrels per day to 4.15 million barrels Aumia.anthy 29/1's[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
Since 07/03/2017 16:39 pm (Baghdad time)
[ltr][You must be registered and logged in to see this image.][/ltr]
[ltr]Scales News - Follow-up[/ltr]
[ltr]He expected the International Energy Agency on Tuesday that "OPEC" organization will increase its production capacity by about two million barrels per day by 2022, particularly driven by increased production in Iran and Iraq, while confirming that this would disrupt the global oil market, noting that Iraq will regain second place in the "OPEC" by 2022.[/ltr]
[ltr]The agency suggested OPEC crude production capacity for sustainable growth to 37.85 million barrels per day by 2022 from 35.9 million bpd in 2016.[/ltr]
[ltr]The agency, based in Paris, that the increase, led by Iraq, Iran, the UAE and Libya came assuming achieve political stability in the past, and to resume the production of common fields between Saudi Arabia and Kuwait in the neutral zone.[/ltr]
[ltr]The agency had predicted in February 2016 energy growth, "OPEC" by 800 thousand barrels per day between 2015 and 2021 to 36.44 million barrels a day.[/ltr]
[ltr]The agency assumes investment abroad is relatively limited in exploration and production projects in the Islamic Republic over the next six years to increase production capacity by 400 thousand barrels per day to 4.15 million barrels a day.[/ltr]
[ltr]The agency added that "Iraq will regain second place in the" OPEC "By 2022, at least, as the agency expects to increase Iraq's production by 700 thousand barrels per day to 4.15 million barrels Aumia.anthy 29/1's[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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