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Start "OPEC" meeting in Vienna with the participation of Iraq
Thursday November 27, 2014 13:14
Alsumaria News / Baghdad
A source in the Organization of Petroleum Exporting Countries (OPEC), on Thursday, that the organization began its meeting in the Austrian capital Vienna with the participation of Iraq .
According to " Reuters "it is expected that pressure, Gulf oil producers led by Saudi Arabia not to cut production," OPEC "despite demands by some members supported crude prices declining by excess withholding supplies from the market.
The Iraqi Oil Minister Adel Abdul-Mahdi, who is participating in the meeting predicted, earlier on Thursday (November 27, 2014), increase Iraq's oil production to 3.8 million barrels per day in 2015.
The "OPEC" organization, which was founded in Baghdad in 1960 by agreement between the five countries are Saudi Arabia, Iran, Iraq, Kuwait, Venezuela, and is headquartered in Vienna, one of the largest supervising international organizations to regulate the export of oil and set the prices, and has a current membership of 12 oil exporter, has collectively between two-thirds and three-quarters of global oil reserves.
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Thursday November 27, 2014 13:14
Alsumaria News / Baghdad
A source in the Organization of Petroleum Exporting Countries (OPEC), on Thursday, that the organization began its meeting in the Austrian capital Vienna with the participation of Iraq .
According to " Reuters "it is expected that pressure, Gulf oil producers led by Saudi Arabia not to cut production," OPEC "despite demands by some members supported crude prices declining by excess withholding supplies from the market.
The Iraqi Oil Minister Adel Abdul-Mahdi, who is participating in the meeting predicted, earlier on Thursday (November 27, 2014), increase Iraq's oil production to 3.8 million barrels per day in 2015.
The "OPEC" organization, which was founded in Baghdad in 1960 by agreement between the five countries are Saudi Arabia, Iran, Iraq, Kuwait, Venezuela, and is headquartered in Vienna, one of the largest supervising international organizations to regulate the export of oil and set the prices, and has a current membership of 12 oil exporter, has collectively between two-thirds and three-quarters of global oil reserves.
[You must be registered and logged in to see this link.]
