Analysis: Iraq's ambition to match Saudi oil output is out of reach
Oil
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Article by:
Rowena Edwards, Maha El Dahan and Ahmed Rasheed - Reuters
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Date Published:
March 27, 2023
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Who was cited:
Iman Nasseri, Managing Director - Middle East, FGE Dubai
Iraq's oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia.
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