


| Iraq Aims To Increase Oil Exports To Asia With South Korea Deal Iraq made tangible progress in reaching its new oil export target with a $2.65 billion infrastructure deal with South Korean Daewoo E&C |
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In line with Iraq’s currently perilous finances and with its future target of increasing crude oil production to 7 million barrels per day (bpd) by 2027 at the latest, Baghdad last week announced plans to boost southern crude oil export capacity by 72 percent within the next three years. In this vein it signed a US$2.
Posted: 2021-01-05 22:41:00
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