Iraq Aims to Raise Oil Output to 7 Million Barrels: Minister

13 Februari 2018 20:06 wib
Iraqi Oil Minister Jabbar al-Luaybi speaks during an interview
Iraqi Oil Minister Jabbar al-Luaybi speaks during an interview with AFP at his office in Baghdad on February 11, 2018. (Photo:AFP/Sabah Arar)

Baghdad: Iraq, the second largest oil producer in the OPEC cartel, plans to sharply increase its output capacity to seven million barrels a day by 2022, its oil minister said Tuesday.

Iraq now has an oil production capacity of five million barrels per day (bpd) but is pumping just over 4.7 million under an OPEC output cut agreement.

"Our target is to reach seven million bpd by 2022," Jabbar al-Luaybi said, while presenting oil and gas projects available for private foreign investors.

Luaybi said Iraq sits on proven crude reserves of 145 billion barrels but he is confident the figure will jump to around 250 billion barrels with sufficient investment.

He said the war-battered nation plans to boost natural gas production to seven billion cubic feet per day by 2021 from the current output of 2.7 billion cubic feet.

Luaybi called on foreign investors to seize huge investment opportunities in the oil and gas sector where billions of dollars are required immediately in accordance with an Iraqi reconstruction plan.

He was speaking during the second day of the three-day Kuwait International Conference for the Reconstruction of Iraq where Baghdad hopes to collect pledges totalling $88.2 billion.

The minister said Islamic State group attacks in Iraq had reduced the country's refining capacity from 930,000 bpd to just 450,000 bpd.

But reconstruction efforts have succeeded in regaining 70,000 barrels per day.

He outlined plans to build seven new refineries with a production capacity of 700,000 bpd by 2021.

Luaybi also outlined plans to build new pipelines and export facilities mainly in the oil-rich southern region. (AFP)


(WAH)


BACA JUGA
BERITA LAINNYA

Bagaimana Kami Menguji

Kami menguji produk dengan subjektif karena mengutamakan pengalaman penggunaan. Meski demikian, kesimpulan yang kami ambil juga didasari sejumlah data dari perangkat lunak tertentu yang kami gunakan untuk melihat kinerja produk.

Khusus untuk menguji perangkat keras dan perangkat lunak komputer, kami menggunakan konfigurasi yang identik untuk tiap produk. Berikut komponen testbed resmi Metrotvnews.com.

Hardware

  • Prosesor: Intel Core i7-7700K, AMD Ryzen 7 1800X
  • Motherboard: ASUS Z270F STRIX Gaming, MSI X370 Gaming Pro Carbon
  • VGA: MSI GTX 1080 Gaming X, ASUS RX 480 STRIX 8GB
  • RAM: Corsair Vengeance LPX 3200MHz (2x8GB)
  • Penyimpanan: Corsair Neutron XTi 240GB
  • PSU: Corsair RM850X
  • Case: MSI DIY Case
  • Monitor: ASUS PB287Q 4K, AOC C3583FQ
  • Keyboard: Logitech G900 Chaos Spectrum, Logitech G402 Hyperion Fury
  • Mouse: Logitech G440, Logitech G240
  • Headset: Logitech G430, Logitech G633

Software

Performa dan Baterai: PCMark 8, 3DMark, Crystal Disk Mark
Gaming: The Witcher 3: Wild Hunt, Ashes of Singularity, Tom CLancy's Ghost Recon Wildlands

Kami juga menggunakan metode pengujian yang sama untuk semua gadget. Meski di pasar tersedia beragam perangkat lunak benchmarking, kami hanya memilih tiga berdasarkan reputasi mereka yang diakui secara internasional, 3DMark dan PCMark 2.0.