Iraq Oil & Gas Q1 2019
Increasing production above 5mn b/d and beyond will be the focus of the oil sector in 2019. The Oil Ministry willrelinquish its role operating the four regional oil companies and instead hand this over to the re-established Iraq National OilCompany. Instead the Ministry will concentrate on downstream operations, strategic planning and creating condition for increasedinvestment in the sector. New associated gas processing facilities and imports from Iran will boost gas supply and use in the powersector, supporting fuel and oil exports.
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