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Iraq plans four-year push to nearly 10 million bpd by 2030

Iraq has drawn up a four-year plan to more than double its crude oil production capacity to nearly 10 million barrels per day by 2030. Current capacity is officially estimated at just above 4.5 million bpd.

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By N SaeedIraq has drawn up an ambitious four-year plan to more than double its crude oil production capacity to nearly 10 million barrels per day (bpd) by 2030.Iraq’s present oil capacity is officially estimated at just above 4.5 million bpd but only a portion has been used over the past months du…