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Iraq is seeking to produce 7 million barrels of oil per day (bpd) through its newly established National Oil Company and to export 4 million bpd in 2019. Oil Minister Jabar al-Luaibi said on Saturday.
In an interview with state television. Luaibi said Iraq hoped to export 1 million bpd through Jordan’s Akaba port. without specifying a timeline. The burning of gas produced as a byproduct of oil extraction would stop by 2021. he said.
The northern refinery of Baiji was brought back online and is producing 70.000 bpd. Luaibi added.
