Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Iraq flags oil project delays, sees recovery next year: minister

    Iraq flags oil project delays, sees recovery next year: minister

    October 20, 2020
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Iraqi oil production

    London — The Iraqi oil minister said on Tuesday that oil projects are being delayed in his country because of the OPEC+ production cuts, but he expects an oil price recovery from the second quarter of next year to help the sector.

    “I think quarter two, 2021 will be more attractive to every aspect of our business,” Ihsan Abdul Jabbar told the CWC Iraq Petroleum conference.

    He said he expects Iraq will raise its production capacity to 7 million barrels per day in the next five to six years, from around 5 million bpd now.

    (Reporting by Ahmed Rasheed and Ahmad Ghaddar, editing by Louise Heavens and Susan Fenton)

    Follow us on twitter

    Related News

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    NNPC raises alarm over sabotage campaign targeting leadership, reforms

    Heirs Energies, Renaissance Africa Energy collaborate to drive Nigeria’s oil & gas development

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    ‘Cross-border financial crimes draining billions from West, Central Africa’ 

    June 29, 2025

    Tariff crisis stalls Nigeria’s gas-to-power expansion

    June 29, 2025

    Oyetola, NIMASA pledge zero tolerance for harassment at sea 

    June 29, 2025

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    June 29, 2025

    BPSR applauds NIMASA for championing public service reforms

    June 29, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.