Kurdistan PM Barzani says Iraq should triple crude oil export capacity

DUBAI, United Arab Emirates: Kurdistan’s Prime Minister Nechirvan Barzani said Tuesday Iraq should boost crude oil export capacity to 6 million barrels a day, three times the amount the country is exporting now.

“We think Iraq needs to export more oil,” Barzani said to reporters after a press conference in Dubai. “Iraq has (the) capacity to export six million barrels a day, but they’re happy with two million.”


On Monday Iraq’s oil ministry said the country’s oil production and exports have risen to their highest levels since the March 2003 U.S.-led invasion.

Iraq’s exports reached 2.11 million barrels a day in March while the total output stood at about 2.5 million barrels a day, spokesman Assem Jihad told The Associated Press.

IHT