Iraq faces long fight to attain old oil production levels

07/07/2003
It would take Iraq at least 3 years to reach an oil production level of 3.5 million b/d, "and many more years to exceed it," said Issam al-Chalabi, former Iraqi oil minister, at a recent energy conference in Turkey."Basically, and without getting into details, Iraq's quota [as a member of the Organization of Petroleum Exporting Countries] today, recognized at parity with Iran, is currently around 3.5 million b/d," said Al-Chalabi. However, he said, "Iraq has no government today and cannot even be represented in OPEC or any other international organizations until a recognized government is installed."Although still a member of OPEC, Iraq has not been an active participant since 1990 wh...
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