Arab Today, arab today iraq plans to increase oil output to 9m barrels per day by 2020
Last Updated : GMT 21:55:33
Arab Today, arab today
Arab Today, arab today

Iraq plans to increase oil output to 9m barrels per day by 2020

Arab Today, arab today

Arab Today, arab today Iraq plans to increase oil output to 9m barrels per day by 2020

Baghdad - KUNA

The Iraqi government unveiled Monday plans to take the country's production of crude oil up to nine million barrels per day by 2020. Speaking at the opening session of the Iraqi-French Business and Investment Forum, Deputy Prime Minister for Energy Hussain Al-Shahristani pointed out that Iraq's oil production have already rose from 2.3 million bpd to 3.3 million bpd. The government is working on an ambitious plan to boost oil production and exportation to reach nine million bpd and 7.5 million bpd by 2020 respectively, he said. He added that the government also plans to increase gas production to meet the growing demand for it, particularly for operating power stations.

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