Iraq's Majnoon oilfield to begin producing 175,000 bpd next month

Mon, Sep 9, 2013

Iraq's giant Majnoon oilfield, run by Royal Dutch Shell, will start up production next month at a rate of 175,000 barrels per day (bpd), according to an oil ministry spokesman.

Majnoon is one of four giant southern fields vital to Iraq's ambition to at least double output that is now around 3 million bpd.

OPEC's second biggest producer expects its output to rise by 400,000 bpd by the end of this year, with Majnoon providing a big part of that.
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