Iraq oil output to double by 2020: IEA  October 9, 2012: 8:14 AM
ET iraq oil An Iraqi worker adjusts a control valve at the Daura
oil refinery in Baghdad, Iraq.  Iraqi oil production could
double by the end of this decade, putting the country on track
to become the second-biggest supplier to world markets after
Saudi Arabia by the 2030s, the International Energy Agency said
Tuesday.  Production could reach 6.1 million barrels per day by
2020, up from the current output of around 3 million barrels a
day, and top more than 8 million barrels by 2035, the Paris-
based agency said in a special edition of its World Energy
Outlook.  Iraq's ability to increase exports will have a major
impact on world markets.  Such rapid growth would generate $200
billion a year of revenue for Iraq and transform the country's
economy, the IEA said.  Iraq is already the second-biggest oil
producer in the Organization of Petroleum Exporting Countries
(OPEC) - having overtaken Iran, whose oil output is suffering
from the impact of inter