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Iraq aims to hike oil output to 6 million bpd by end of 2027

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By Larry John Brown

Iraq aims to increase its oil production to 6 million barrels per day by the end of 2027, its oil minister said on Monday at an industry event, Reuters reports.

 

Iraq, one of the world’s largest oil producers and a member of OPEC, has suffered as “the wrong market environment” discouraged investment in oil and gas, Ihsan Abdul-Jabbar said.

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About Larry John Brown

Larry John is a talented writer and journalist based in New York, USA. He is a valued contributor to TDPel Media, where he creates engaging and informative content for readers. Larry has a keen interest in current events, business, and technology, and he enjoys exploring these topics in-depth to provide readers with a comprehensive understanding of the issues. His writing style is characterized by its clarity, precision, and attention to detail, which make his articles a pleasure to read. Larry’s passion for storytelling has earned him a reputation as a skilled writer and a respected authority in his field.