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Iraq to raise oil exports, boost refining in ‘09

Posted on 27 January 2009

From Reuters: Iraq will restore oil exports to 2.0 million barrels per day in 2009 and increase its refining capacity to become self sufficient in oil products by the end of the year, Oil Minister Hussain al-Sahristani said on Monday.

“We have pledged in the 2009 budget to raise daily crude production and export an average of 2 million barrels per day, which means a 150,000 bpd increase compared to 2008,” Shahristani said….. Full Article: Source


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