Oil Minister Abdul Kareem Al-Luaibi

Oil Minister Abdul Kareem Al-Luaibi

Junko Kimura/Bloomberg

Iraq seeks to raise oil output to an average of 3.7 million barrels a day this year and at some point in 2013 to match its 1979 output record of 3.8 million, Oil Minister Abdul Kareem Al-Luaibi told reporters in Vienna Dec. 9.