Ready to play
Ready to play
Iraq is working to increase oil production to 7 million barrels per day over the next three years, following the complete restoration of its export capacities, especially from the main fields in the south, which are beginning to return to their full levels after market disruptions. This step is part of a broader plan to improve infrastructure and boost investments, with a focus on cooperation with American companies. The government aims to fund development projects through an energy fund expected to reach resources of $400 billion over 30 years. Oil accounts for more than 90% of Iraq's budget revenues, and Iraq aspires to become one of the world's leading oil producers.
Notice: This Is an AI-Generated Summary
Comments (0)