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[size=36]Newspaper: Iraq did not exceed its quota in OPEC for the month of March[/size]
Economie| 09:41 - 02/04/2022
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Baghdad Mawazine News
Reuters news agency revealed, on Saturday, that "the Organization of the Petroleum Exporting Countries (OPEC) pumped 28.54 million barrels per day during the month of March, an increase of 90,000 barrels per day compared to February, but less than the increase of 253,000 barrels per day stipulated in its agreement with allies. Including Russia.
A Reuters survey found that the 10 OPEC members were pumping much less than called for in the agreement, and that OPEC's compliance with the pledged cuts was 151 percent, compared to 136 percent in February.
The survey witnessed that Iraq recorded a smaller increase of 30 thousand barrels per day, which is less by 14 thousand barrels per day for its quota of 44,000 barrels per day in March, while Kuwait and the United Arab Emirates added 30 thousand barrels per day and ten thousand barrels per day, respectively.
Nigerian production had recorded a decline of 100,000 barrels per day after the accidents led to force majeure conditions on the banks of the Boni and Brass rivers, and Libya's production decreased by 50 thousand barrels per day due to the closure of two oil fields at the beginning of the month. Ended 29 / 92
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