The report said Iraq could produce up to six
million barrels per day given the completion of energy projects throughout
the troubled Arab state, Middle East Newsline reported.
But the report dismissed assertions by the Iraqi government that the
nation's oil capacity could reach 12 million barrels per day, which rivals
that of neighboring Saudi Arabia.
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The Baghdad government cited projects with
Shell and other foreign energy contractors.
"This would mean annual growth rates of 10-15 percent would have to be
sustained for at least 10 years — a feat unseen in recent history," Shell
said in an analysis released on Feb. 14.