Iraq to further ramp up capacity to 8 mil b/d by 2028 Ihsan Ismaael has given conflicting timelines for capacity ramp-up Iraq is seeking IOC help to develop its fields Iraq is looking to boost is oil production capacity to 5 million b/d by 2025, the country’s oil minister said during a visit to France, as OPEC’s second-largest producers seek to drum up foreign investments to help develop its oil fields. Iraq is seeking to further ramp up its oil production capacity to 8 million b/d by 2028, Ihsan Ismaael said during his visit to France where he met with the foreign minister, the oil ministry said in a May 28 statement. Ismaael has given conflicting timelines for boosting the country’s oil production capacity, which he said on May 15 would rise from the current […]