CERA: Former Iraqi oil minister calls for Iraq production cap, reservoir

CERA: Former Iraqi oil minister calls for Iraq production cap, reservoir Rather than trying to match or surpass its prewar oil production level of 2.8 million b/d, Iraq should "cap [oil] production at a maximum 2 million b/d, export no more than 1.5 million b/d, and start immediately on subsurface [work]" to assess and repair damaged reservoirs in its oil fields, said Issam Al-Chalabi, a former oil minister.

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