Iraq committed to OPEC+ oil output rates, says oil minister

Reuters

Speaking during a conference in Baghdad, Abdel-Ghani also said Iraq is ready to increase production if required to do so by OPEC+

Moayed Kenany, Reuters News

March 19, 2023

PHOTO

Iraqi oil minister Hayan Abdel-Ghani on Sunday said his country is committed to maintaining its 220,000 barrel per day (bpd) oil output in line with OPEC+ rates.

Speaking during a conference in Baghdad, Abdel-Ghani also said Iraq is ready to increase production if required to do so by OPEC+.

"We obliged some oil companies operating in the south to cut production to come in line with OPEC+'s agreed rates," he added.

(Reporting by Moayed Kenany Writing by Hatem Maher Editing by David Goodman )

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