Announcement

Thursday, March 24, 2011

Iraq sees oil output rise to 7 MBPD by 2014

Reuters reported that Iraq expects its oil output to more than double to 6.5 million barrels per day by 2014.

Mr Abdul Kareem Luaibi oil minister of Iraq said that government forecast output of 2.75 million barrels per day this year rising to 3.3 million barrels per day in 2012, 4.5 million


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