Q&A: Oil Minister Jabbar al-Luiebi

Iraq's Oil Minister is bullish on the country's production targets setting another record this year.
Q&A: Oil Minister Jabbar al-Luiebi
Iraqi Oil Minister Jabbar Ali al-Luiebi (left) during a tour of the South Oil Company's Zubair warehouses on Aug. 27, 2016. (ALI AL-AQILY/Iraq Oil Report)

By the end of the year, Iraq plans to shatter the record-setting benchmarks it achieved in 2016 for both oil and gas production. Despite an OPEC agreement to limit global supply, Oil Minister Jabbar Ali al-Luiebi said Iraq will reach 5 million barrels per day (bpd) of oil in 2017, and capture 1.36 billion standard cubic feet per day (scf/d) of gas. Since taking the helm of the Oil Ministry seven months ago, Luiebi has made quick work in trying to streamline the bureaucracy and put an arra...

This content is for registered users. Please login to continue.
If you are not a registered user, you may purchase a subscription or sign up for a free trial.