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Iraq: It is too early to decide on the future of reducing oil production
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Economy News _ Baghdad Iraqi Oil Minister Jabbar al-Luaibi said Tuesday that it was too early to decide on what OPEC and its outside producers should do after March 2018, when the current cut-off agreement expires. "It is too early to reach a conclusion or a decision seven months before March, there are talks, dialogues and an exchange of views," al-Allaibi told an energy conference in the UAE and his follow-up. "Some oil producers believe that the agreement should be extended for several months after March, while others want to extend the agreement until the end of 2018, while some believe, including Iraq, that there should be another round of production cuts." [You must be registered and logged in to see this link.] |
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