Iraq sticks to ambitious oil production targets, says current output can be doubled by 2015

Iraq's top energy official is predicting that the country's current oil production of 3.4 million barrels per day will double by 2015.

Deputy Prime Minister Hussein al-Shahristani on Wednesday also said Iraq's long term target is to produce up to 10 million barrels of oil daily by 2020.

Al-Shahristani's comments came at a ceremony marking the release of the International Energy Agency's outlook for Iraq's energy sector.

The Paris-based agency's predictions for Iraq, released Tuesday, were far less rosy than al-Shahristani's. It forecast oil production of 6.1 million barrels a day by 2020 and 8.3 million barrels a day by 2035.