By Hashem Kalantari
Monday, August 14, 2006
TEHRAN, Aug 14, 2006: Iraq’s crude oil production is back at 2.5 million barrels a day after the pipeline that takes oil to Turkey was repaired, Iraq’s Oil Minister Hussain al-Shahristani told the Iranian daily Sharq Monday.
The minister also said he believed the Organization of Petroleum Exporting Countries will maintain their current output ceiling at its next meeting in September.
“The pipeline was recommissioned two days ago and with that Iraq’s production rose to 2.5 million b/d,” Shahristani said. The pipeline to Turkey, a popular sabotage target, has a capacity of 400,000 b/d.