Iraq laid out more milestones on its path back to oil producing power, targeting 6 million barrels per day exports by 2017, and confirming it was currently pumping more than neighbor and fellow OPEC member Iran.
Iraq milestone targets for oil exports Year Exports Total Production 2012 2.6 million bpd 3.2 million bpd 2013 2.9 million bpd 2014 3.5 million bpd 2015 3.75 million bpd 2016 4.5 million bpd (NBF interpolation) 2017 6.0 million bpd
Iraq with the help of foreign firms has ambitious plans to boost production capacity beyond 12 million bpd by 2017, but this target has proved unrealistic due to infrastructure bottlenecks and logistical shortcomings. It is expected to target 8-8.5 million bpd, but some oil analysts and executives see even 6 million bpd by 2017 as a stretch for the war-damaged country.
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.