Officials said Baghdad has achieved an oil output of more than 2.6
million barrels a day, the highest level since 1990.
The officials said Iraq would
continue to raise production to beyond four million barrels per day.
Also In This Edition
"We know that developing Iraq's economy and providing funds for
finishing projects and providing jobs for people all depend on revenue from
oil," Iraqi Oil Minister Abdul Karim Al Luaybi said.
Al Luaybi said the Oil Ministry would reactivate exploration teams to
bolster oil production, Middle East Newsline reported. The minister said Iraq would also refurbish and
expand natural gas fields, pipelines and refineries over the next five
years.
ShareThis
