Friday, February 5, 2010 FOR YOUR EYES ONLY
Iraq plans to become OPEC's top oil producer
Al Shahristani said this would make Iraq the world's top oil producer over the next six to
seven years, Middle East Newsline reported.
"We cannot find a reason to prevent Iraqi production from becoming
higher than any other OPEC state or even states outside OPEC," Al Shahristani said on
"We expect that to happen over the next six to seven years with
coordination and agreement with other OPEC producers."
Over the last month, Iraq signed contracts with Asian, Russian and U.S.
companies to develop several major oil fields.
Officials said Iraq assessed a future production level of 12 million barrels per day.