Abdul-Kareem Luaibi
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Abdul-Kareem Luaibi [Elaibi] is the Iraqi minister of oil since December 2010.
Iraq’s oil production could rise to 4.4 million barrels per day (bpd) by 2015, according to a report by Bank of America Merrill Lynch. The Iraqi government raised its proven oil reserves figure to 143 billion barrels, placing it third in BP‘s list of global reserves holders. Iraqi economy could double every six years if production reached 6.7 million bpd in 2025. [1]