Q&A: South Oil Co. chief Dhia Jaffar
The head of one of the largest oil producing companies in the world discusses plans to boost capacity, even as IOCs consider leaving.
Dhia Jaffar, director general of the South Oil Company, at the Feb. 12, 2012, opening of the first single point mooring system. (BEN LANDO/Iraq Oil Report)
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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