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breaking news Iraq to increase oil export capacity to add 1-1.5 million barrels/day by 2025


Iraqi OPEC delegate Mohammed Saadoon, also deputy general manager of the state oil company marketing (SOMO) made the remarks during an interview with Iraqiya state television.

  • the export capacity of the southern ports is expected to increase between 150,000 and 250,000 barrels per day from next year
  • plans to add a total of 1 to 1.5 million barrels per day by 2025

Info via Bloomberg (gated) < /p> This article was written by Eamonn Sheridan at forexlive.com.


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