Iraq has the capacity to increase its oil production by 200,000 barrel per day (bpd) this year if asked, an executive of Iraq’s Basra Oil Co. (BOC) revealed on Friday.
“If Iraq is asked to increase production, we can add 200,000 barrels until the end of the year as available production capacity,” Hassan Mohammed, deputy BOC manager in charge of oilfields and licensing rounds affairs, said in an interview with Reuters.
