Baghdad:Prime Minister Ali Falih Al-Zaidi affirmed on Thursday that the government’s objective is to increase oil production to 10 million barrels per day, and that it is determined to remove all obstacles to achieving this.
According to Iraqi News Agency, the Prime Minister’s Media Office reported that Al-Zaidi met with representatives of the consortium of companies involved in the project to construct pipelines for transporting Iraqi crude oil to ports on the Mediterranean Sea and the Red Sea.
Al-Zaidi emphasized during the meeting that the government has adopted an “open-door policy” in its dealings with foreign companies to overcome hurdles and bureaucracy. This approach is part of the government’s strategy to pursue its goals despite various difficulties and challenges.
The Prime Minister highlighted the government’s commitment to raising oil production to 10 million barrels per day. This initiative aims to foster development in Iraq by boosting revenue and strengthening the country’s role in global energy security. Al-Zaidi noted that improving the economic situation and developing the oil sector would have a direct, positive impact on the lives of citizens. He also stressed the importance of establishing realistic pricing that aligns with production costs and the quality provided.