Dec 27, 2010

Iraq targets oil exports of 2 million b/d in January



Iraq's newly appointed oil minister, Abdul Karim al-Luaibi, said Monday that Iraq had raised its oil production to 2.6 million b/d having previously reported output at 2.5 million b/d.
Exports were running at 1.9 million b/d but are set to rise to 2 million b/d in January, Falah al-Amry, head of the Iraq State Oil Marketing Organization (SOMO), told reporters at a ceremony in Baghdad at a ceremony marking the official handover of the ministry job from former oil minister Hussein al-Shahristani.
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Source: Platts

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