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Urgent Iraq anticipate OPEC meeting in June to reject the reduction of oil exports
5/30/2015
Iraq's refusal to cut its exports of crude oil, which constitute 85% of the financial and imports in the state budget.
Said Oil Minister Adel Abdul-Mahdi, in his speech during the deliberative meeting held today in Maysan province, between the ministry and the provinces on the oil and gas management attended by the correspondent Agency all of Iraq [where] "we can not stop and reduce oil production because most of the sectors of the state of and services related to the resources of the country the size of security and this constitutes the entire oil resources. "
Abdul-Mahdi said that "the reduction in exports will not make us Shi and the damage will be negative, but we are maximized."
Iraq had announced an unprecedented amount exported in its history last April by reaching to 3.2 million barrels.
It is scheduled to be held on the fifth of June next meeting of OPEC, Iraq, a member of the center of the recovery in global oil demand and falling supply against two factors that help to support prices, which amounted to as measured by Brent crude to around $ 65 a Brmel.anthy
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5/30/2015
Iraq's refusal to cut its exports of crude oil, which constitute 85% of the financial and imports in the state budget.
Said Oil Minister Adel Abdul-Mahdi, in his speech during the deliberative meeting held today in Maysan province, between the ministry and the provinces on the oil and gas management attended by the correspondent Agency all of Iraq [where] "we can not stop and reduce oil production because most of the sectors of the state of and services related to the resources of the country the size of security and this constitutes the entire oil resources. "
Abdul-Mahdi said that "the reduction in exports will not make us Shi and the damage will be negative, but we are maximized."
Iraq had announced an unprecedented amount exported in its history last April by reaching to 3.2 million barrels.
It is scheduled to be held on the fifth of June next meeting of OPEC, Iraq, a member of the center of the recovery in global oil demand and falling supply against two factors that help to support prices, which amounted to as measured by Brent crude to around $ 65 a Brmel.anthy
[You must be registered and logged in to see this link.]
