Abdul-Mahdi: We exceeded the historical figure in oil production.. This is our ambition

of the country in the oil and gas areas, noting that his ambitions is to maximize the investment fields of refining and petrochemicals.

Abdul-Mahdi said in a statement issued by his press office that, "There is no doubt that oil and gas will play a major role in the economies of Iraq that is not short, but will play a role in the Arab, regional and global economies."

He pointed out that "our ambitions are not confined to increase our energy production from crude oil only, but also to maximize the investment in refining, petrochemicals and fertilizers, and in many of the areas in which oil and gas is considered a raw material for it."

"We invited the largest world and Arab companies, continuous calls of cooperation and investment in Iraq, especially in Arab and regional exploration, drilling and energy integration , piping , tanks, ports and refineries as well as many other joint projects."

"The investment is one way for the development of our economies and to accommodate the unemployed workforce in many of our countries and in the conversion of our national companies to the same possibilities and capabilities of technological and scientific levels and global standards that allow them to invest in our countries and other alone or in a large coalitions to develop all energy sources that God blessed us companies with them. "

Abdul-Mahdi said that "natural factors made us oil countries that may be the same factors, or assistance factors, which can make us at the forefront of developed countries for alternative energy, especially solar, all under take all measures to protect the environment, nature and development of human resources in our countries. "

He concluded, "by calling to make the blessing of these energies a way to stimulate investment in all other economic, cultural , scientific and technology sectors as we won’t have a future for our nation and our countries without them in all fields."

The Minister of Oil ,Adel Abdul-Mahdi said last January that Iraq's oil production will reach four million barrels per day to compensate for the drop in prices losses, expected " the size of Iraq's exports to be at a rate of 3.3 million barrels," noting that "Iraq's oil exports for December approached three million barrels per day, including exporter though SOMO from port of Ceyhan, "adding that" production will reach four million barrels per day during the current year after the recent agreement with Kurdistan. "