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Iraq Ministry of Oil News: The Minister of Oil: The Iraqi Exports For December From the Southern Ports Elevates

Mr. Jabbar A. Allibi the minister of oil declared for the elevation of the Iraq exports form the southern ports to 3 million


   Mr. Jabbar A. Allibi the minister of oil declared for the elevation of the Iraq exports form the southern ports to 3 million and 510 thousand barrels per day which was the highest un-expected exportation average achieved from the middle & southern fields.

   Mr. Allibi said that the oil exports are growing, thanks to the serious integrated plans which was made by the ministry of oil and thanks to the efforts of the employees in the national companies, by cooperation with the international companies. He said also that the achievement of this average does not effect on the Iraqi decision to cut production which was implemented since the beginning of 2017. And he also confirmed that Iraq is committed with the decision in order to achieve the common goals of the producers and control over the glut of the oil supply in the global market.

   Mr. Allibi said that he is comfortable for the progressive elevation of the oil prices after the implementation of the agreement by the producer countries to cut production according to the prescribed rates on the producers inside & outside OPEC.

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