Iraq to Raise Oil Production to 7.5 M b/d by 2024: Oil Minister

Iraq to Raise Oil Production to 7.5 M b/d by 2024: Oil Minister
Iraqi Oil Minister Jabar al-Luaibi speaks during news conference at the ministry of oil in Baghdad, Iraq November 27, 2017. REUTERS/Thaier Al-Sudani

Iraq oil minister Jabar al-Luaibi stated that Iraq plans to raise oil production to more than 7.5 million barrels per day (b/d) by 2023-2024, Reuters reported.

He added that 6 million b/d would be exported, with 1.5 million b/d accounting for domestic consumption.

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