Shahristani: Iraq’s Oil Production will Reach Three Million Barrels Per Day

Expect the Deputy Prime Minister for Energy Hussain al-Shahristani, on Saturday that up Iraq’s oil output to three million barrels per day.

Shahristani said at a news conference attended by Agency / Source News / that “Iraq’s oil output reached two million and 500 thousand barrels per day until now.”

He added that “Iraq aspires to reach its oil production in the coming period to 3 million barrels per day,” explaining that “the terrorist attacks affected the oil installations in the northern regions and the surrounding.”

He noted that “the development of the oil sector is very important to increase the country’s oil production.”

Shahristani was recently announced a rise in Iraq’s production of crude oil to 3.5 million barrels per day, noting that exports also rose to a record 2.8 million barrels per day.

It is noteworthy that Iraq shows oil fields during the rounds of licenses for development by international companies to reach a production of at least 6 million barrels per day within the year 2017, Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, and through the truck by truck to Jordan.

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