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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The share of Iraq's oil production during March will represent 16% of the total OPEC production shar

    Rocky
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    The share of Iraq's oil production during March will represent 16% of the total OPEC production shar Empty The share of Iraq's oil production during March will represent 16% of the total OPEC production shar

    Post by Rocky Fri 04 Feb 2022, 5:48 am


    [size=30]The share of Iraq's oil production during March will represent 16% of the total OPEC production share


    2022-02-03
    [/size]
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    Yes Iraq: Baghdad

    On Thursday, the Organization of the Petroleum Exporting Countries announced that the share of Iraq's oil production will reach 4.370 million barrels per day during the month of next March, at a time when the combined production of OPEC countries will reach more than 25 million barrels per day, which means that Iraq's production will represent 16% of the total production of OPEC.
    The organization stated that "the production quota for Iraq for the month of March was set at 4.370 million barrels per day, an increase of 45 thousand barrels per day from February, which amounted to 4.325 million barrels per day, and an increase of 89 thousand barrels per day from last January."
    And it indicated that "Iraq was the second largest producer in the organization after Saudi Arabia, and the third largest producer in (OPEC +) after Saudi Arabia and Russia."
    And she added, "The production of both Saudi Arabia and Russia was set at 10.331 million barrels per day, during the month of March, an increase of about 104 thousand barrels per day from the month of February, and the UAE's production share increased by 30 thousand barrels per day, to reach 2.976 million barrels per day during next month".
    The organization indicated that "Kuwait set its production at 2,639 million barrels per day, Algeria's production was set at 1,718 million barrels per day, while Mexico's production remained the same at 1,753 million barrels per day."
    And it indicated that "the share of OPEC from the increase scheduled in March will amount to 253 thousand barrels to reach 25.061 million barrels per day, while the share of allied with OPEC will reach 16.233 million barrels per day."
    And “OPEC +” agreed, during its meeting yesterday, Wednesday, to increase its oil production by more than 400 thousand barrels per day, according to the previously agreed schedule.
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