Iraq oil exports hit 1.9m bpd
Baghdad, December 5, 2010
Iraq's oil exports rose slightly to 1.912 million barrels per day in November from 1.9 million bpd in October, the head of the State Oil Marketing Organisation (Somo) said on Sunday.
Somo head Falah Alamri told Reuters he expects oil exports to continue rising over the coming months. He did not give further details.
Opec member Iraq has signed deals with international oil companies that have the potential to boost its output capacity to 12 million bpd in seven years from the current 2.5 million bpd, rivalling top oil producer Saudi Arabia.-Reuters