Iraq Sticks To Oil Targets Despite Rising Political Tension
By Rafiq Latta In Vienna
Iraq’s oil ministry is ploughing on with its ambitious oil expansion program, despite escalating tensions with the Kurdish north, which are threatening to spin out of control. Next year, Iraq expects average production of 3.7mn b/d, federal Oil Minister, ‘Abd al-Karim al-Laibi said on the sidelines of the 12 December Vienna OPEC meeting. Of this 2.9mn b/d is...