Iraq Oil update

Iraq Oil update

 

 

The March 11, 2011 US State department Iraq weekly status report

 

The Iraqi oil ministry has a target of 3.26 million barrels per day by Dec 31, 2011.

 

Iraq's exports surged to a postwar record of 2.16 million b/d in January and had 2.7 to 2.8 million barrel per day of production in January and February.

Wall Street Journal - International oil firms that won mega-projects in southern Iraq expect to boost the country's crude oil output capacity by 600,000 barrels a day by the end of the year.