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The International Monetary Fund expects Iraq's oil production for the current year
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2023-05-22 05:43
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Shafaq News/ The International Monetary Fund expected, on Monday, that Iraq's oil production for the current year will reach about 4.63 million barrels per day.
The fund said in a schedule for May of this year, seen by Shafak News agency, that it is also expected to rise in 2024 at a rate of 4.74 million barrels.
He added, "Iraq's oil production in 2022 recorded an average of 4.44 million barrels per day, while in 2021 it recorded an average of 3.97 million barrels per day, and in 2020 it recorded an average of 4 million barrels per day."
He pointed out that "the highest rate of oil production among the Arab oil-producing countries was the share of Saudi Arabia, where production for the year 2022 reached an average of 10.57 million barrels, followed by Iraq, and then the Arab Emirates at a rate of 3.14 million barrels per day, while Bahrain was the least Arab country producing oil." At a rate of 190,000 barrels per day.
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2023-05-22 05:43
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Shafaq News/ The International Monetary Fund expected, on Monday, that Iraq's oil production for the current year will reach about 4.63 million barrels per day.
The fund said in a schedule for May of this year, seen by Shafak News agency, that it is also expected to rise in 2024 at a rate of 4.74 million barrels.
He added, "Iraq's oil production in 2022 recorded an average of 4.44 million barrels per day, while in 2021 it recorded an average of 3.97 million barrels per day, and in 2020 it recorded an average of 4 million barrels per day."
He pointed out that "the highest rate of oil production among the Arab oil-producing countries was the share of Saudi Arabia, where production for the year 2022 reached an average of 10.57 million barrels, followed by Iraq, and then the Arab Emirates at a rate of 3.14 million barrels per day, while Bahrain was the least Arab country producing oil." At a rate of 190,000 barrels per day.
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