Iraq Negotiates Higher OPEC Oil Production Quota

Iraq Negotiates Higher OPEC Oil Production Quota

Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the Oil Minister of OPEC’s second largest producer, said on Monday.   Iraq is in talks with OPEC to reassess its production quota within the country’s available production capacity of 5.5 million barrels per day (bpd), Reuters quoted Abdul Ghani as saying at an oil conference today. Iraq has a current quota of 4.4 million bpd and is c…

Iraq apparently demands higher OPEC production quota for itself – Commerzbank

According to the Oil minister, Iraq is in negotiations regarding its OPEC production quota, which currently stands at 4.4 million barrels per day, Commerzbank's commodity analyst Carsten Fritsch notes.

Iraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says

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Iraq in negotiations to review its OPEC quota, oil minister says

Abdel-Ghani added that Iraq has been committed to its current OPEC quota of 4.4 million bpd