Sonangol’s Production from Iraq’s Qaiyarah Reaches 40,000 b/d

Sonangol’s Production from Iraq’s Qaiyarah Reaches 40,000 b/d

Angola’s Sonangol announced that its production from Iraq’s Qaiyarah oilfield has reached around 40,000 barrels per day (b/d), Zawya reported citing Reuters.

Sonangol stated that it targets to increase the production capacity to 230,000 b/d.

The company holds around 75% stake in the Najmah and Qayyarah oilfields, which have estimated reserves of around one billion barrels of oil.

Dina Elbehiry 642 Posts

Graduated from Faculty of Economics and Political Science- Cairo University.
Having an Economic background and currently working for Egypt Oil & Gas.

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