No. 23



Iraq Plans To Produce 3Mn B/D ByEnd-1999 Rising To 3.5Mn B/D In 2000

The Iraqi Oil Minister, Dr. 'Amir Rashid, told reporters inBaghdad on 1 June that his country plans to increase production to around 3mnb/d by end-1999 and to 3.5mn b/d in 2000, compared to the current output ofaround 2.6-2.7mn b/d. According to Dr. Rashid, "we have promised theleadership to reach 3mn b/d at the end of this year and go up to 3.5mn b/d nextyear. We will do this through our local...