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Following The “OPEC” Decision, Iraq Faces A Bumper In Raising Its Oil Production
02/03/2022
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02/03/2022
17
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Earth News/ The economist, Nabil Al-Marsoumi, spoke today, Wednesday, about the repercussions of the “OPEC” decision regarding the monthly increases on Iraq.
Al-Marsoumi said, in a blog post seen by “Earth News”, that “after the OPEC + decision to maintain the monthly increases of 400,000 barrels per day, Iraq’s production share rose to 4.414 million barrels per day in April, an increase of 44,000 barrels per day from the current month of March. “.
He added, “However, Iraq will not be able to produce this amount of oil due to the suspension of work in the Nasiriyah field, which currently produces 80,000 barrels per day, and maintenance work in the West Qurna 2 field, which currently produces 400,000 barrels per day, which will stop production during the first two or three weeks. From this month of March.
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Al-Marsoumi said, in a blog post seen by “Earth News”, that “after the OPEC + decision to maintain the monthly increases of 400,000 barrels per day, Iraq’s production share rose to 4.414 million barrels per day in April, an increase of 44,000 barrels per day from the current month of March. “.
He added, “However, Iraq will not be able to produce this amount of oil due to the suspension of work in the Nasiriyah field, which currently produces 80,000 barrels per day, and maintenance work in the West Qurna 2 field, which currently produces 400,000 barrels per day, which will stop production during the first two or three weeks. From this month of March.
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