Laeebi expects 200 billion $, the oil revenue of 2015 budget

Laeebi said at a press conference held in Basra province while attending the opening ceremony of two refineries and develop gasoline refineries in Shaeeba refiney, " We are trying to export about 6 million barrels of crude oil per day , for up to 3 per ten million a year."

He added that "the production rates will be very high that enable us to achieve the highest levels ," adding that "the oil revenues of next year budget would be about 200 billion dollars."

Iraq's production has reached its highest level in 2013 , recording 3.5 million barrels per day , to become the second largest producer in OPEC , as management expects to rise to 11 million barrels per day in 2040 , if solved problems related to infrastructure and received political transition in the peacefulform.