Iraq Represents the Second Largest Oil Producer in OPEC, and the Stability cannot be Achieved Without it. So that the Iraqi role was Positive and Significant in the Achievement
Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with Mr. Mohammed Barkindo the secretary general of OPEC and his entourage.
The two parties discussed during the meeting about the support of the oil market stability.
Mr. Al-Luiebi confirmed on the necessity of investing the fruitful cooperation between Iraq and the members of OPEC in order to achieve more stability in the international market, and said also that the decisions of OPEC contributed to stop the drop of the oil price.
Mr. Barkindo praised the key role of Mr. Al-Luiebi to achieve the decision of OPEC to cut production. Because Iraq represents the second largest oil producer in OPEC, and the stability cannot be achieved without it. So that the Iraqi role was positive and significant in the achievement of the oil market stability. In addition to the international raise of the oil price.
Mr. Barkindo arrived to Baghdad at Monday the 26th of March 2018 and made some official meetings.
Source: Ministry of Oil
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