The parliamentary "Oil and Gas Committee" in Iraq revealed that the government has developed plans to increase oil production to more than 5 million barrels per day.
The committee supports the government's directions to increase oil and gas reserves, increase national production of crude oil and gas, process gas associated with oil operations and convert it into wealth and useful productive energy that covers local needs. Especially electric power plants, petrochemical industry, fertilizers, and others, by inviting foreign companies, in addition to exporting the surplus to global markets to achieve financial revenues that supply the state treasury in support of the national economy, sustainable development, and the provision of new job opportunities.
Source (Asharq Al-Awsat Newspaper, Edited)
