The National Oil Corporation reported on Monday, that in the past 24 hours, they accomplished an increase in crude oil output by 8,000 barrels compared to last Saturday. Therefore, oil production rose to 1.411 million barrels from 1.403 million barrels.
Based on the data released by the NOC 49,601 thousand barrels of condensates were produced, along with 198,328 thousand barrels of oil equivalent of natural gas, resulting in a total daily production of 1.659 million barrels.
Additionally, the acting chairman of the corporation, Masoud Suleiman, urged the government to allocate $4 billion to support the implementation of this year’s production increase plan, aiming to achieve production levels of 1.5 million barrels per day.