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[size=36]Minister of Oil: OPEC meetings focused on the integrated southern project in Iraq[/size]
Economy | 09:31 - 07/19/2023
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Baghdad - Mawazine News
Oil Minister Hayan Abdul-Ghani confirmed today, Wednesday, that the meetings of the OPEC group focused on the integrated southern project in Iraq, which is one of the important strategic projects.
Oil Minister Hayan Abdul-Ghani said, in a press statement, that "Iraq is the second country in OPEC in terms of oil production, and its active participation in all conferences, and is considered as the main member of this organization."
He added, "The Ministry of Oil is supportive of OPEC's decisions, by adhering to production rates that mainly aim at stabilizing global market prices, and maintaining production in the market at the required levels in a way that guarantees the interest of the producer, consumer and investor."
He pointed out, "There is a focus in the OPEC meetings on the integrated southern project in Iraq, as it is considered a strategic project for the country."
The integrated south project, according to the Ministry of Oil, includes a group of vital projects, including (the development of the Bin Omar and Artawi fields, the joint sea water supply project, the expansion and development of the storage, transportation and export system, as well as the construction of two units for processing and manufacturing associated gas).
Oil Minister Hayan Abdul-Ghani said, in a press statement, that "Iraq is the second country in OPEC in terms of oil production, and its active participation in all conferences, and is considered as the main member of this organization."
He added, "The Ministry of Oil is supportive of OPEC's decisions, by adhering to production rates that mainly aim at stabilizing global market prices, and maintaining production in the market at the required levels in a way that guarantees the interest of the producer, consumer and investor."
He pointed out, "There is a focus in the OPEC meetings on the integrated southern project in Iraq, as it is considered a strategic project for the country."
The integrated south project, according to the Ministry of Oil, includes a group of vital projects, including (the development of the Bin Omar and Artawi fields, the joint sea water supply project, the expansion and development of the storage, transportation and export system, as well as the construction of two units for processing and manufacturing associated gas).
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