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[size=52]Al-Jawahiri: Iraq continues to increase its oil production.. Is this OPEC’s role?[/size]
- Today 14:26
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Al-Maalouma/Baghdad ...
Oil expert Hamza Al-Jawahiri confirmed today, Saturday, that Iraq will continue to increase its oil production.
Al-Jawahiri told /Al-Maalouma/ agency, "Iraq has an increase in its oil production capacity by one and a half million barrels per day, but to no avail due to international economic policies."
He added, "The export policy set by the Organization of the Petroleum Exporting Countries (OPEC) is still a stumbling block to increasing Iraqi oil exports."
Al-Jawahiri pointed out that "Iraq has the ability and potential to increase its oil production annually."
The OPEC Plus oil organization had previously decided to reduce oil production for member states, including Iraq, after the significant decline witnessed by the global market, and to increase demand again for black gold.
Since July 2023, Iraq has entered into a voluntary reduction in oil production by 220,000 barrels per day, which has been extended repeatedly. End/25Q
[You must be registered and logged in to see this link.]
Oil expert Hamza Al-Jawahiri confirmed today, Saturday, that Iraq will continue to increase its oil production.
Al-Jawahiri told /Al-Maalouma/ agency, "Iraq has an increase in its oil production capacity by one and a half million barrels per day, but to no avail due to international economic policies."
He added, "The export policy set by the Organization of the Petroleum Exporting Countries (OPEC) is still a stumbling block to increasing Iraqi oil exports."
Al-Jawahiri pointed out that "Iraq has the ability and potential to increase its oil production annually."
The OPEC Plus oil organization had previously decided to reduce oil production for member states, including Iraq, after the significant decline witnessed by the global market, and to increase demand again for black gold.
Since July 2023, Iraq has entered into a voluntary reduction in oil production by 220,000 barrels per day, which has been extended repeatedly. End/25Q
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