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[size=36]Iraq plans to raise its oil production to 8 million barrels per day[/size]
Economie| 06:24 - 10/08/2021
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Baghdad - Mawazine News
Oil Minister Ihsan Abdul-Jabbar confirmed, on Tuesday, that Iraq plans to increase its oil production to eight million barrels per day.
Abdul-Jabbar said, "The Ministry of Oil plans to increase oil production to eight million barrels per day at the end of 2027."
This comes in light of a cautious policy taken by the oil-exporting countries (OPEC) due to the excess supply and the lack of purchase, as a result of the restrictions imposed by countries with the outbreak of the Corona virus.
Oil Minister Ihsan Abdul-Jabbar confirmed, on Tuesday, that Iraq plans to increase its oil production to eight million barrels per day.
Abdul-Jabbar said, "The Ministry of Oil plans to increase oil production to eight million barrels per day at the end of 2027."
This comes in light of a cautious policy taken by the oil-exporting countries (OPEC) due to the excess supply and the lack of purchase, as a result of the restrictions imposed by countries with the outbreak of the Corona virus.
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