Oil Ministry spokesman says Oil production will be 10 million BPD in 4 -5 years

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Iraq says its oil production to hit 10 million bpd in 4-5 years

Energy — By admin on March 28, 2011 at 5:27 pm

Iraq says its oil production to hit 10 million bpd in 4-5 years

Iraq’s oil ministry has said the country’s daily oil production is expected to rise to 10 million barrels per day (bpd) in the next few years, thanks to the oil deals signed with international oil companies over the past few years, Aswat al-Iraq has reported. “Such rise in Iraq’s oil productivity shall be achieved in the forthcoming 4-5 years,” Assem Jihad, ministry spokesman, said during a tour in the Southern Iraq’s Oil Co fields.