Urgent Iraq announces its position on OPEC decision and three important oil ministers visiting Baghdad
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Urgent Iraq announces its position on OPEC decision and three important oil ministers visiting Baghdad
Admin Thu Sep 12, 2019 8:21 am
Release date:: 2019/12/12 14:49
Iraq announces its position on OPEC decision and three important oil ministers visiting Baghdad
Iraq announced its position on OPEC's decision to further reduce its production of crude oil.
Oil Minister Thamer Ghadhban said on Thursday Iraq would comply fully by October with OPEC-led oil production cuts and Baghdad would cut to 175,000 bpd.
He said the Organization of the Petroleum Exporting Countries (OPEC) and its allies, within the so-called OPEC + group, would have to accept and deal with the fact that Iran and Venezuela, whose exports have collapsed because of sanctions, would return to the oil markets "in a normal way."
He said energy ministers from Saudi Arabia, Russia and Kuwait were expected to visit Iraq on September 26
http://alforatnews.com/modules/news/article.php?storyid=211054
Iraq announces its position on OPEC decision and three important oil ministers visiting Baghdad
Iraq announced its position on OPEC's decision to further reduce its production of crude oil.
Oil Minister Thamer Ghadhban said on Thursday Iraq would comply fully by October with OPEC-led oil production cuts and Baghdad would cut to 175,000 bpd.
He said the Organization of the Petroleum Exporting Countries (OPEC) and its allies, within the so-called OPEC + group, would have to accept and deal with the fact that Iran and Venezuela, whose exports have collapsed because of sanctions, would return to the oil markets "in a normal way."
He said energy ministers from Saudi Arabia, Russia and Kuwait were expected to visit Iraq on September 26
http://alforatnews.com/modules/news/article.php?storyid=211054
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