- Weather
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Max |
: |
40°C |
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Min |
: |
30°C |
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Sunrise |
: |
05 : 30 AM |
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Sunset |
: |
06 : 30 PM |
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Humidity |
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50 to 80 per cent |
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- Prayer Time
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Fajar |
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03:58 am |
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Dhuhr |
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12:08 pm |
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Asar |
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03:30 pm |
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Magrib |
: |
06:49 pm |
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Isha |
: |
08:09 pm |
- Oil Price
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- Gold Price
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Price in RO
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24ct / gm |
: |
16.97 |
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22ct / gm |
: |
16.60 |
- Currency Rates
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Forex Rates vs R01
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US Dollar |
: |
2.58 |
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Euro |
: |
2.01 |
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Pound |
: |
1.70 |
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Indian Rs. |
: |
142.84 |
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Pak Rs. |
: |
255.60 |
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Bangla Taka |
: |
201.37 |
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VIENNA: Iraq plans to boost oil production to as much as 3.8 million barrels a day in 2013, matching the record reached in 1979, the country's oil minister said.
The Arab nation will export 2.9 million barrels a day in 2013, from 2.6 million last month, Abdul Kareem al-Luaibi told reporters in Vienna, where he is attending this week's Opec meeting.
The country aims to build a one million-barrel-a-day pipeline to Jordan, he said.
"We plan to increase production, and we may reach 3.8 million barrels a day by the end of next year, which would meet the record high in 1979," al-Luaibi further added.
The Iraqi government will hold a roadshow on December 14 in London for the construction of a pipeline to export crude oil through Jordan's Red Sea port of Aqaba, he said. The pipeline's capacity will include 150,000 barrels to Jordan's refinery in Zarqa, al-Luaibi said.
The government's plans include construction of a second export pipeline through Syria with a capacity of one million barrels, once unrest in the neighbouring country ends, he said.
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