Oil Minister: Iraq is committed by 85% to OPEC's agreement to cut output
[Oan- up]
Oil Minister Ali Jabbar Luaibi said that Iraq has made a commitment to 85 percent to OPEC 's agreement to cut crude oil supply by 210 thousand barrels per day
He Allaibi on Tuesday on the sidelines of an energy conference in Houston in session that our production increases but our exports at the level of the OPEC agreement
The Allaibi said at the same conference on Monday that it was premature to say whether it should extend to OPEC production cuts adding that Baghdad is ready to participate if the organization decided to extend the restrictions to supply the second half of the year
The Minister of Oil, Iraq is ready to reduce its production of crude again if OPEC decided "noting that " too early to talk about any changes it will depend on oil prices and stabilize the market if OPEC decided cuts, Iraq will be reduced https://www.alliraqnews.com/modules/news/article.php?storyid=59219