São Paulo – Iraq aims to gradually restore its national oil production to levels seen before the crisis triggered by the war in the Middle East, reaching between 4.2 million and 4.3 million barrels per day. At the same time, the country will work to bring crude oil exports back to their previous level of around 3.5 million barrels per day, with shipments primarily routed through its southern ports, the Iraqi state news agency INA reported based on information provided by Nasir Aziz, Iraq’s Undersecretary for Extraction Affairs at the Ministry of Oil.
According to Aziz, one of the current priorities is overseeing the rehabilitation and development plans for the southern oil fields—whose output has declined to varying degrees due to the war in the region—in line with domestic demand and export requirements.
“I have directed the management of oil companies to reassess the conditions of the fields, expedite production and pumping operations, and address technical and operational obstacles, with the aim of increasing oil exports through the southern ports and ensuring the continued supply of crude oil to national refineries,” Nasir Aziz said, according to INA.
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Translated by Guilherme Miranda
