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IEA expects Iraqi oil boom

Posted on 22 December 2011

Iraq is expected to account for as much as 80 percent of the anticipated production increase from OPEC members, the IEA estimates.
The International Energy Agency in its latest monthly oil report estimates crude oil production from Iraq is on pace to increase 1.87 million barrels per day from 2010-16. This means that by the end of the timeframe, Iraq will produce on average 4.36 million bpd………………………………………..Full Article: Source

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