28 Nov 2011
(MENAFN) Iraq’s Oil Minister, Abdul-Kareem Luaibi, said that by the end of the current year, the country’s oil output would be expected to reach 3 million barrels per day (bpd), reported Arab News.
Luaibi added that so far this year, Iraq’s crude output reached 2.95 million bpd, whereas the country planned to boost oil output capacity to reach 12 million bpd by 2017.
On the other hand, Iraq’s State Oil Marketing Organization’s director, Falah Alamri, said that in November, the country’s exports of crude oil averaged 2.185 million bpd, however, Kurdish exports declined in late September, after reaching 160,000 bpd in the previous month.
It is worth noting that Iraq’s oil exports last month averaged 2.088 million bpd compared with 2.101 million in September.
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more