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Iraq To Raise Oil Exports To 4 Million Bpd In 2019

Increase targets revealed by Oil Minister Jabar al-Luaibi

Iraq Minister of Oil Jabar al-Luaibi has announced that the country aims to increase oil exports from its southern ports to 4 million barrels per day (bpd) in the first quarter of 2019.

Iraq's southern ports are currently exporting 3.62 million bpd, which is their highest exporting figures ever. Further increases as a result of production increases at many oil fields throughout the country will help deliver crucial revenue to help the country accelerate reconstruction and infrastructure development.

Source: Reuters

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