RadioFreeEurope/RadioLiberty | Iraq Approves Oil Production Capacity Boost OilPrice.com Baghdad has approved an increase in Iraq's crude oil production capacity to as much as 6.5 million bpd by 2022. This compares to a current production capacity of below 5 million barrels and production rates—as reported by the local energy ministry—of ... Iraq Approves Plan To Increase Oil-Output Capacity |