Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Iraq Plans to Produce 6 Mln B/D Crude Oil after 2023

Sun 27 Dec 2020 | 01:42 AM

On Saturday, Iraqi deputy oil minister, Karim Hattab, said that they are planning to double the country's crude oil production to  6 million barrels per day after 2023.

In a statement, Hattab said"The goal is to implement large-scale projects, including the installation of another 24 tanks to increase export capacity from the current 3.

5 million to 6 million barrels per day after 2023," Hattab was quoted by the ministry as saying during his inspection of oil storage facilities on the Al-Faw peninsula.

According to Hattab, the ministry is also planning to build an offshore pipeline linking the Al-Faw storage facilities to ports that export oil.

Last week, the ministry reported that Iraq's oil output totaled 81 million barrels in November.