Kuwait, Iraq and Saudi Arabia to track and reduce its oil production 7/1/2017 9:07
{International: Euphrates News} stressed Kuwaiti oil official, that his country, a member of OPEC, {}, reduced crude production this month to about 2.707 million barrels per day.
Under the "OPEC" agreement Kuwait agreed to reduce production by 131 thousand barrels per day, with effect from January 1 this, compared with the primary production in October / last October, which stood at 2.838 million barrels per day.
An informed source said that Kuwait produced 2.9 million barrels per day in December / December.
The committee will meet empowered to monitor the implementation of the reduced production in Vienna on 21 and 22 January , the ongoing global agreement, but a source in the sector , said a press statement yesterday, said the meeting will discuss mainly bound by the Agreement monitoring mechanism, which is not available yet confirmed the size of the production data.
Both Iraq and Saudi Arabia announced their commitment to the agreement to reduce oil production and start to implement it Flaa.anthy https://alforatnews.com/modules/news/...storyid=136177