Oil Minister: Iraq is in contact with members of the "OPEC" to end the decline in oil prices
15:13 - 10/03/2020
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The information / Baghdad ..
The Minister of Oil, Thamer Al-Ghadban, affirmed on Tuesday that the Iraqi government is currently working on contacts with OPEC countries to follow developments and fluctuations in the global oil market and the changes that occur in them, and the most important recent collapse in prices.
Al-Ghadban said, in a statement received / information / that "the government and the ministry are keen to adopt accurate mechanisms in the pricing of Iraqi oil and to ensure the achievement of the highest financial revenues," adding that "the ministry deals realistically and wisely with the changes and makes contacts with member countries in" OPEC "and outside it, With the aim of examining the mechanisms that can be adopted to put an end to the decline in oil prices in the global market and to put in place appropriate treatments for that. ”
For his part, Director General of the Oil Marketing Company Alaa Al-Yasiri said, "(SOMO) is following with interest the developments of the oil market and it is conducting extensive contacts with the governors of the Organization of Petroleum Exporting Countries (OPEC)."
On the pricing of Iraqi oil, Al-Yasiri stressed that "the company adopts the most accurate standards that are commensurate with the quality and density of Iraqi oils," noting that " [You must be registered and logged in to see this link.]
has a distinguished position in the oil markets and works to enhance this and fulfill its obligations towards the companies contracting with it in the global oil market." 25 h has ended