Iraq signs $80M in oil export surveys to boost output and mitigate disaster
Plus: *U.N. grants Iraq oil revenue immunity extension *Iraq brings firm in for partial Um Qasr port privatization *Parliament speaker on the way out *Iraqis protest another U.S. raid Iraq has signed contracts worth an estimated $80 million to repair fragile oil export infrastructure in the south and ready it for expansion. The Oil Ministry […]Iraq has signed contracts worth an estimated $80 million to repair fragile oil export infrastructure in the south and ready it for expansion.
The Oil Ministry wants to raise oil production from 2.37 million barrels per day to 6 million bpd in 10 years. It's currently exporting 1.76 million bpd, and oil receipts account for nearly all state income.
This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription.
If you are not a registered user, you may purchase a subscription.
