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Iraq Agrees to Extend Scaling Back of Oil Production, Extending OPEC Agreement

The announcement was made in a press conference with Saudi Energy Minister Khalid al-Falih.

Baghdad/ Iraq TradeLink: Iraqi Oil Minister Jabbar al-Lu'aibi announced the approval of Iraq to extend the reduction in oil production for more 9 months, which was agreed upon by OPEC countries last November, 2016.

The announcement was made in a press conference with Saudi Energy Minister Khalid al-Falih.
Minister al-Falih arrived here yesterday in an official visit,


The extension of this resolution will end in coming March, 2018. 
Source: Iraq TradeLink

 

 

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