OPEC meets, Iraq hopes to reach an agreement that supports oil prices[/ltr]
[ltr][rtl]History[/rtl] of [rtl]edits:: 2016/11/30 12:10 • 13 visits readable[/rtl][/ltr]
Organization of Petroleum Exporting Countries began [OPEC], on Wednesday to discuss an agreement intended to limit oil production and support oil prices in light of resistance from Iraq and Iran to pressure from Saudi Arabia to participate fully in any action.
The ministers began Member States of the Organization held an informal meeting 10 am Baghdad time [7 Greenwich, Park Hyatt Hotel in Vienna is due to the informal meeting starts at 12:00 Baghdad time [9 Greenwich at the organization's headquarters.
He said one Iraqi envoys Upon entering the hotel, "there will be an agreement today."
He said Iranian Oil Minister Bijan Zanganeh "I am optimistic," he said, adding that his country had not received a request for reduced production.
The spokesman for the Iraqi Oil Ministry, Assem Jihad, hope to reach an agreement and overcome some obstacles and problems in this regard. "
Said Jihad told all of Iraq [where], that "the oil minister [Jabar Ali Allaibi] will give Iraq's proposals at the meeting," adding that "the Iraqi delegation actively involved and gave his point of view in the experts who will Tgariras on the results of their discussions at the ministerial meeting of the OPEC meeting."
"We hope to reach a decision today to support oil prices."
The oil minister said last week that Iraq holds new ideas and proposals for the ministerial meeting of OPEC "aimed at the events of greater convergence and consensus among members to reach an agreement guaranteeing the achievement of common goals for the producers, including the stability of the market and support oil prices to acceptable levels."
He estimated Iraq's oil production at 4.77 million barrels per day in October and says he will not reduce production again to less than 4.7 million barrels a day, said Falah al-Amiri representative of Iraq's OPEC governor and the president of state oil marketing company SOMO national] It will not happen for OPEC or Other".
The Prime Minister said Haider al-Abadi on Wednesday, said that Iraq is ready to cut its oil production as part of efforts to reduce global supply and boost crude prices, OPEC plan.
Ebadi said in a press conference in Baghdad, "which Snkhosrh reducing our production Snrbha in oil revenues," stressing that "Iraq is responsible for part of this reduction," stressing, "We want to protect the rights of Iraq but our priority to raise prices of a barrel of oil."
The Abadi's remarks clearest signal yet that Baghdad will support efforts to reduce OPEC production plan.