JeffP
10-17-2004, 08:57 PM
17 October 2004 Iraq plans to boost crude production
(MENAFN) Iraq, which has the world's second largest oil reserves, is planning to boost output despite the threat of attack on oilfields and pipelines, Gulf Daily News reported. The Oil Minister said that with oil prices at record highs, the country is eager to ramp up its production and increase exports to bring in much needed hard currency to rebuild its economy. Some experts have estimated that $50 billion is needed over 10 years to rebuild infrastructure.
and more:
Iraq says 'come and get us' to Western oil companies :happy64:
http://news.independent.co.uk/business/news/story.jsp?story=572870
(MENAFN) Iraq, which has the world's second largest oil reserves, is planning to boost output despite the threat of attack on oilfields and pipelines, Gulf Daily News reported. The Oil Minister said that with oil prices at record highs, the country is eager to ramp up its production and increase exports to bring in much needed hard currency to rebuild its economy. Some experts have estimated that $50 billion is needed over 10 years to rebuild infrastructure.
and more:
Iraq says 'come and get us' to Western oil companies :happy64:
http://news.independent.co.uk/business/news/story.jsp?story=572870