Oil Minister Jabbar al-Luaibi said that Baghdad strongly supports the extension of the production reduction agreement, after expiry, for another period of three months.
Al-Allaibi, who is currently visiting Moscow, according to the agency "Sputnik" in response to a question, whether Iraq supports the extension of the OPEC agreement to reduce production for another 3 months: "With the extension of the Convention, the agreement is valid until March 2018, but If it takes its duration, we extend it. Today, we had a discussion and a review of the situation with the Russian Energy Minister. I had a discussion with the Saudi Oil Minister about a month ago. "
"Things are going well, God willing."
"For Iraq, Iraq is committed to the decisions of OPEC, and in fact we have reduced the volume of production even more than average, and Iraq strongly supports the extension of the agreement, not only supports. Iraq cut production by more than / 210 / thousand barrels per day. "
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