Iraq is committed to OPEC’s production cut, says minister

by gulftimes


Sun, 2023-03-19 20:22

Iraq is committed to maintaining its 220,000 barrel per day oil output cut in line with its quota under the latest OPEC+ agreement, Iraqi Oil Minister Hayan Abdel-Ghani said on Sunday.

The country is also ready to increase production if required to do so by producer group OPEC+.

“We obliged some oil companies operating in the south to cut production to come in line with OPEC+’s agreed rates,” he added. 

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