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2026-09-14T19:44:34.000Z

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Iraq plans to boost oil to 10M barrels per day

The article will focus on Iraq's plan to increase oil production to 10 million barrels per day within five years, along with expanding investments in associated gas to achieve self-sufficiency. Iraqi Prime Minister Ali Al-Zaydi emphasized during his visit to France that the government will expand oil and gas exploration, working with TotalEnergies, which is currently investing $12 billion, with plans to increase this to $16 billion in the future. The projects include boosting gas production, developing oil fields, and supplying liquefied natural gas, all aimed at supporting stable production and operation of power plants. Additionally, there will be efforts to enhance cooperation with international banks to support economic development and expand energy projects.

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