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Iraq confirms its keenness to support OPEC unity to ensure oil price stability
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Baghdad Today - Baghdad
Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani affirmed today, Wednesday (November 13, 2024), Iraq's keenness to support the unity of OPEC in order to ensure the stability of oil prices.
Abdul Ghani said in a statement received by "Baghdad Today", that "the ministry signed contracts with international companies to invest in gas associated with oil extraction operations in many production fields," noting that "Iraq is keen to support the unity of the OPEC organization in order to ensure the stability of oil prices."
He added, "Iraq is moving towards achieving self-sufficiency in gasoline, and has promising projects in this field, as one of them will be opened in the southern refineries in Basra by the middle of next year, and it is a project that is the second of its kind in the region."
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