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Iraq targets market balance rather than oil prices
24/4/2018 12:00 am [rtl] Baghdad / Al-Sabah Iraq's representative to the Organization of the Petroleum Exporting Countries, Ali Nizar, said on Monday that Iraq aims to balance the market and not oil prices, while the Ministry of Oil said that exports for the month of March, more than 107 million barrels of crude oil, revenues of more than 6 Billion dollars. "Iraq is not targeting oil prices but the balance of the market," Nizar said at a press conference held in Abu Dhabi. "High oil prices are not always in our interest." "We are achieving our target for oil reserves and we are going back to an average of five years," he said. In the same context, the Ministry of Oil, said that Iraqi exports amounted to the month of last March, crude oil 107 million and 50 thousand barrels, with revenues amounted to 6 billion and 435 million and 210 thousand dollars. A statement by the ministry, received by "morning", that "the total quantities exported from crude oil for the month of March from the oil fields in central and southern Iraq, amounted to 107 million and 50 thousand barrels, with revenues amounted to 6 billion and 435 million and 210 thousand dollars, while the statistical exports Of the Kirkuk fields. " He continued, "The quantities exported were loaded by 39 international companies of different nationalities, from the ports of Basra and Khor al-Amaya and monopoles On the Gulf. "[/rtl] | |
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