IRAQ

Iraq Intent on Increasing Production When New Export Facilities Come on Stream 

Iraq is determined to increase its oil production as soon as new export facilities are operational, according to Mr. 'Isam al-Chalabi, Iraq's Deputy Minister of Oil. When asked whether this meant that Iraq might exceed its 1.2mn b/d OPEC quota, Mr. Chalabi told MEES: "We accepted the 1.2mn b/d quota on the condition that it would be revised upwards when new export facilities become...