15/02/2012 12:18
Iraq aims to double northern oil production
Iraq aims to more than double northern oil production from around 600,000 barrels per day (bpd) to about 1.3 million bpd by the end of 2014, executives from the Northern Oil Co told AFP.
"We adopted a plan to increase the production" and export of oil, said Hamid Abdelrizak al-Saadi, the company's general manager.
An executive in the company's planning and investment department said on condition of anonymity that "the plan is to increase production to more than one million barrels per day by the end of 2014" from about 600,000 bpd now.
Saadi gave figures for planned increases for various fields that would bring the total to about 1.3 million bpd.