Iraq oil output to rise, despite sabotage, minister says

Even as Iraq's oil minister Nov. 17 touted his country's sales targets to Middle Eastern neighbors, saboteurs still appeared to hold sway over US-led efforts to restore the country's export potential to anything like its prewar capacity of an estimated 2.2 million b/d of oil.On a visit to Doha, Iraq's Oil Minister Ibrahim Bahr Al Oloum said his country plans to raise its crude oil exports to 2 million b/d by the first quarter of 2004 from 1.5 million b/d that officials claim as current production. Iraq's State Oil Marketing Organization (SOMO) said Nov. 18, however, it has finalized crude oil contracts totaling only 1.7 million b/d for the first half of 2004—all ...

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