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[You must be registered and logged in to see this link.]Image #: 16283439 Workers adjust a valve of an oil pipe in Tawke oil field near Dahuk, 400 km (248 miles) north of Baghdad, November 14, 2011. Iraq's oil sector was limping along after years of sanctions and conflict following the US invasion in 2003, and badly needed more investment. But bringing in Big Oil could expose a vulnerable country to rapacious bids and exploitation. REUTERS / Azad Lashkari (IRAQ - Tags: ENERGY BUSINESS COMMODITIES POLITICS) REUTERS / AZAD LASHKARI / LANDOV
[size=40]former lawmaker: iraq is the biggest loser from the recent "opec +" agreement[You must be registered and logged in to see this link.] On 12/4/2020 - 9:37 AM 22[/size]
On Sunday, former MP Majed Shankali sees Iraq as the biggest loser in the recent OPEC + agreement.
Shankali said in a tweet on "Twitter" that "Iraq is the biggest loser from the recent OPEC Plus agreement, which decided to cut oil by 10 million barrels from May."
He explained that "Iraq 's share of the reduction is approximately one million barrels, which will affect its imports a lot, especially as the price of oil will not rise much due to the significant decrease in demand for oil."
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