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DUBAI- Angola's state oil company Sonangol said on Thursday its output from the Qaiyarah oilfield in North Iraq has reached 40,000 barrels per day.
Sonangol owns a 75 percent stake in the Najmah and Qayyarah oilfields, located south of the city of Mosul. The fields have estimated oil reserves of more than 1 billion barrels.
Sonangol said it aims to lift production levels at the fields to about 230,000 bpd.
(Reporting by Rania El Gamal; Editing by Jan Harvey) ((Tuqa.Khalid@thomsonreuters.com; +971521047568;))