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Kurdistan looks to increase oil revenues

21 August 2010

Ashti Hawrami, Kurdistan region's natural resources minister has said his ministry is seeking to increase the region's daily oil production to 3-4 million barrels in the next four years, raising revenues during this period to $25bn, Aswat al-Iraq has reported. "The region has 45 billion barrels of oil and 200 trillion cubic meters of natural gas," Hawrami said at a press conference in Erbil.

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