Bloomber g- Iraq exported 71.827 million barrels, or 2.317 million barrels a day, in March. This is the most the country has exported since 1980. The gain in exports came even as the semi-autonomous Kurdistan region isn’t supplying the agreed quantities, sabotage attacks targeted the northern export pipeline and bad weather slowed tanker shipments in the south.
Asim Jihad said on Feb. 23 that Iraq expects to export more than 2.6 million barrels a day by the end of 2012. The third- largest producer in the Organization of Petroleum Exporting Countries plans to increase daily oil production to 3.4 million barrels a day by the end of the year, up from about 3 million barrels in 2011.
Iraq plans to raise oil production to 4 million barrels per day in 2013. This will likely mean oil exports of about 3.1 million barrels per day. Iraq will negotiate with OPEC to decide on the quota when production reaches 4 million.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.