Iraq Has 100-Day Plan To Hike Oil Output, Exports

BAGHDAD -(Dow Jones)- Iraq has a 100-day plan to raise its crude oil production and exports to levels reached at the first six months of 2004, Iraqi Oil Minister Ibrahim Bahr al-Uloum said Tuesday. At the first six months of 2004, Iraq’s oil output reached around 2.5 million barrels a day, of which 1.75 million b/d were exported.Bahr al-Uloum reiterated that Iraq’s July 2005 oil exports reached 1.6 million b/d, which represents an increase over exports figures of June, which was 1.44 million b/d, as well as of May, which was 1.38 million b/d.

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