Iraq Exports 3.8 Million Barrels of Oil Daily, Deputy PM Says
Mandalawi said Iraq was in discussions with the Organization of the OPEC to increase its oil production. He added that Prime Minister Ali al-Zaidi aims to raise the country's daily output to seven million barrels within the next two years.
ERBIL (Kurdistan24) – Iraq's daily oil production has reached nearly five million barrels, of which 3.8 million barrels are exported, while the remainder is allocated for domestic consumption, the country's Deputy Prime Minister for Energy Affairs said on Wednesday.
Muhsin Mandalawi made the remarks on Wednesday, during the eighth annual Iraq Initiative conference, held at Chatham House in London.
Mandalawi said Iraq was in discussions with the Organization of the Petroleum Exporting Countries (OPEC) to increase its oil production. He added that Prime Minister Ali al-Zaidi aims to raise the country's daily output to seven million barrels within the next two years.
Earlier on Saturday, Iraq's Oil Minister Bassim Mohammed said Baghdad was negotiating with OPEC to increase its oil export quota.
Mohammed cited Iraq's particular circumstances and the challenges the country has faced over the past five decades as reasons for seeking a higher quota.
According to official documents from Iraq's State Organization for Marketing of Oil (SOMO), the country exported more than 533 million barrels of crude oil during the first nine months of 2026, generating total revenues of $37.38 billion.