OPEC: Iraq will not reduce oil production

BAGHDAD / News Network Iraq met a high - level committee of experts, the Organization of Petroleum Exporting Countries , OPEC today, with representatives of producers outside OPEC organization wants their contribution to the reduction of the organization Alamadadat.ccant met yesterday, to develop a plan to reduce oil production, but it did not reach agreements hours after the meeting in Vienna, as reported by sources of the organization, agencies Anba.ozkrt sources, that "high - level committee of experts will meet again in Vienna on next November 25, before the next meeting of OPEC ministers on the thirtieth of the same month to complete the individual quota production quota for each country . "he said one of the sources , " Yes, the meeting will continue on Saturday with the producers outside OPEC , "he said , adding that it is not reached" complete agreement on Friday because Iran refuses to install production. "

Another source said , "We have not finished all things, and we look forward to the next meeting on November 25 to complete the individual quota" .atolv a meeting of high - level Committee of Governors of OPEC and representatives of countries who who report to the ministers concerned, and continued the talks on Friday , more than 11 hours . He said the source OPEC "There is no agreement yet, everyone would agree , except for Iran , " he said , adding that Tehran asking Aafaha.ccant OPEC agreed last month in Algiers to cut crude oil production to between 32.5 million and 33 million barrels per day in the first cut since 2008 in order to raise Alosar.lkn agreement faces possible setbacks due to Iraq 's claim exemption from it, as well as the demands of countries such as Iran, Libya and Nigeria who have damaged their production as a result of sanctions, war and wantto increase the supply.

He said OPEC delegate before the start of Friday meeting , "it is becoming increasingly complex, every day appears a new problem . " But other officials, including OPEC Secretary - General Mohammed Barkindo remained Mtvailin.oukal Barkindo in a speech at the meeting according to the text presented by OPEC , "our consultations on Friday - and Saturday , with some producersare not members of OPEC - could have profound consequences for the market and the industry inthe medium to long term , " the Commission .ullacpt in politics and will instead recommendationsof the Ministerial meeting of the next OPEC on 30 November next to be held in Vienna , too. Iraq said the second - largest producer in OPEC earlier, he would not reduce its production and that it should be exempted from any restrictions on the production because he needs the money to fight Daash.vi the same time stressed Iran's right to regain market share after the lifting of Western sanctions against it in December Althani.waldol non - members of OPEC , which will send representatives to the talks today are Russia, Kazakhstan, Mexico, Oman, Azerbaijan, Brazil and Bolivia.