IRAQ

Shahristani Eyes Extended Iraq Production Plateau Durations

 

Iraq is confident that a revised oil expansion plan will only “slightly reduce” targeted production plateaus from their current ambitious 12mn b/d-plus contracted levels. At the same time the revision will radically lengthen targeted plateau durations to maximize ultimate recovered volumes and oil revenues, Deputy Prime Minister Husain al-Shahristani announced on 18 April. Rafiq Latta reports from London.

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