Iraq to Add Capacity of 300,000 Barrels a Day in 2011
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Iraq plans to add capacity next year to produce 300,000 barrels of oil a day, Minister Hussain al-Shahristani said.
The country, the only OPEC member not subject to production quotas, also will present a draft agreement to the Iraqi cabinet for a gas joint venture with Royal Dutch Shell Plc by the end of the year, al-Shahristani told reporters today before the beginning of closed-door talks.