Iraq oil production at highest level since invasion
By SINAN SALAHEDDIN
BAGHDAD, Iraq (AP) Iraq is producing an average of 2.5 million barrels of oil a day, its highest level since the war began in 2003, an oil ministry spokesman said Wednesday.
Assem Jihad said 1.6 million barrels are being exported daily from the southern port of Basra, while 300,000 are being pumped from the northern city of Kirkuk to the Turkish port of Ceyhan.
The other 600,000 barrels produced daily are for domestic use, he said.
Iraq, a founding member of the Organization of Petroleum Exporting Countries, sits atop the world's third-highest proven reserves. Its estimated 115 billion barrels are exceeded in OPEC only by Saudi Arabia and Iran.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment