PM:06:34:19/03/2023
7208 View
+
-
SULAIMANI — Oil Minister Hayan Abdul-Ghani said on Sunday
(March 19) Iraq will abide by an OPEC+ agreement for daily oil production.
Abdul-Ghani said Iraq will reduce oil production by 220,000
barrels per day in accordance with the OPEC+ agreement.
He said the country can increase oil production if the OPEC+
members agree.
Some companies in the Kurdistan Region have been forced to
reduce oil production to meet the agreement, Abdul-Ghan said.
The Secretary General of OPEC, Haitham al-Ghais, arrived in
Baghdad on Sunday to meet with Iraqi officials.
The top oil producers in the group agreed to reduce oil
production by 2 million barrels per day from November, 2022.
(NRT Digital Media)