• How much oil does Iraq produce a day?
  • Iraq¡¯s crude oil production grew by 1.7 million barrels per day (b/d) from 2013 through 2019, and it averaged 4.7 million b/d in 2019, an all-time high over a year. In 2020, Iraq¡¯s crude oil output fell to less than 4.1 million b/d. 3 Iraq voluntarily reduced crude oil output in the second quarter of 2020 to comply with the OPEC+ agreement.
  • How much oil is produced in Iraq in 2022?
  • Because the OPEC+ members are reversing the significant production cuts made in 2020, Iraq¡¯s crude oil production rose to an average of nearly 4.4 million b/d in the first half of 2022. These production estimates include crude oil produced in the semi-autonomous northeast region in Iraq governed by the Kurdistan Regional Government (KRG).
  • What is crude palm oil?
  • The extracted oil is referred to as crude palm oil, which is further processed to refine it into usable palm oil. The palm oil industry plays a significant role in these tropical countries, where palm oil cultivation supports the local economies and provides employment opportunities for local communities.
  • How is palm oil extracted?
  • Following sterilization, the sterilized fruit bunches are fed into a thresher, which separates the fruit from the bunch. This results in a mixture of palm fruits and empty fruit bunches (EFBs). The separated palm fruits are then processed for oil extraction. The fruits are initially pressed to extract the crude palm oil (CPO).
  • What is certified sustainable palm oil?
  • Certified sustainable palm oil ensures that the production follows specific standards and criteria. Palm oil is widely used in various applications, including cooking oil, processed foods, and the production of other vegetable oils. Its versatility and high oil yield make it a preferred choice for many industries.
  • Why are Iraqi crude oil yields so high?
  • The lack of investment in cracking capacity at Iraq¡¯s refineries has meant that processing Iraqi crudes has led to high fuel oil yields on distillation (with 50 per cent of every barrel processed coming out as fuel oil, see Figures 20 and 21).