Iraq targets 7-mln-bpd oil output capacity in 2027 – SOMO head

Capt. John

Iraq plans to increase its oil production capacity to around 7 million barrels per day in 2027, head of state-owned oil marketer SOMO Alaa Alyasri told Reuters on Wednesday. Iraq’s current crude production capacity is close to 5 million barrels per day (bpd), but it produced 4.651 mln bpd in...

https://www.hellenicshippingnews.com/iraq-targets-7-mln-bpd-oil-output-capacity-in-2027-somo-head/

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