Iraq's Oil Minister Claims It Can Be Globe's Largest Oil Producer |
| March 26, 2011 | March 2011 Bond Updates |
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Iraq's oil minister believes his nation can produce 10-12 million barrels of oil a day sometime in the next 5 to 10 years. That would be 5 times the 2.2 million barrels Iraq is producing at present. Those 10-12 million barrels represent more oil than either of the two largest oil producers today-- Russia and Saudi Arabia.-- can accomplish. |
| View more at: http://blogs.forbes.com/robertlenzner/2011/03/26/iraqs-oil-minister-claims-it-can-be-globes-largest-oil-producer/ |
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