BASRA - At just over 2 million barrels per day (bpd) in output, Iraq's state-run South Oil Company (SOC) is one of the biggest producers in the world.
It is certainly the dominant company in Iraq. Iraqi capacity is slated to rise from 2.9 million bpd to more than 13.5 million bpd in seven years, and most of that growth will come from the fields of Basra, where SOC is headquartered.
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