Iraq joins OPEC production control committee

The oil ministry announced on Friday that Iraq is part of the OPEC production control committee, stressing that it will participate in the next high-level Baku meeting to support oil prices.

In response to a question on the composition of the OPEC production control committee, the ministry spokesman Assem Jihad said in a statement to the Russian news agency Sputnik that "Iraq has joined the monitoring committee, and Iraq certainly plays its role within this committee as one of the partners or producers. There will certainly be an upcoming meeting involving Iraq at a senior level, possibly the oil minister. "
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He added that "Iraq seeks to make the success of the role of this committee and what will be reflected on developments in the world market and oil prices ... And therefore there will be an effective for Iraq along with the rest of the members."

In response to a question on the participation of Baghdad in the next meeting, he explained that "Iraq will participate to support the work of this committee and to achieve its objectives in terms of control of production and oil market, this is reflected on the stability of the oil market and support the stability of oil."

The Monitoring Committee will hold a meeting on 17-18 March in the capital Baku to discuss the implementation of commitments by the producing countries to reduce oil production and discuss the next policy in the oil market.

Article Credit: https://www.alsumaria.tv/
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