Iraq Oil Output Could Reach 3.4 Million Barrels/Day

(Corrects to say total production in second paragraph.)

Iraq’s oil output could rise to 3.4 million barrels a day, with 2.6 million barrels for export by year-end, Oil Minister Abdul Kareem al-Luaibi said in Paris.

Output from Kirkuk could rise to 300,000 barrels a day in two to three years, and the country’s total production could reach 10 million barrels a day by 2017, he said.

To contact the reporter on this story: Tara Patel in Paris at tpatel2@bloomberg.net

To contact the editor responsible for this story: Alex Devine at adevine3@bloomberg.net

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