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Ever ambitious Iraq faces uphill struggle to reach new oil production target | Hellenic Shipping News Worldwide

An uncertain future for fossil fuels and long-standing political turmoil have not deterred Iraq from declaring lofty ambitions to nearly double its crude output capacity to 8 million b/d by 2027. But the cash-strapped country would require unprecedented levels of outside investment at a time when many international oil companies, already unimpressed with the fiscal .

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