Iraq to Raise Oil Production to 7.5 M b/d by 2024: Oil Minister
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.
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.
In accordance with the OPEC, non-OPEC agreement, spearheaded by Russia and agreed in early 2017 to cut supply and boost prices, Iraq is currently producing 4.4 million barrels per day (mb/d).
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