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Iraq plans to raise its oil production rates to 8 million barrels per day

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Iraq plans to raise its oil production rates to 8 million barrels per day

   Time: 05/27/2022 23:17:05 Reading: 1,078 times

{Economic: Al Furat News} The Minister of Oil revealed the planned production capacities of crude oil for the period from 2022 to 2028, which aims to reach 8 million barrels per day.

Ihsan Abdul-Jabbar said during a meeting he held with officials in the French Ministries of Energy and Economy, that "the meeting included a discussion of Iraq's potential capabilities in gas production after the completion and completion of plans to develop free gas fields in the provinces of Anbar and Diyala, in addition to investing in gas associated with oil operations." and the possibility of enhancing these quantities produced for international energy security.

The Minister of Oil referred to "the role that Iraq plays in OPEC Plus as the second producer in OPEC and works with producers to achieve the required balance and stability in global markets," praising "the development of bilateral relations with France in a manner that serves common interests."

It is noteworthy that the Minister of Oil, accompanied by a high-level delegation, is holding talks in France in order to strengthen relations and cooperation, and to attract investments in the oil, gas and clean energy sectors.

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