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Business / Energy

Iraq will cooperate with any production-cutting decisions -oil minister

Published: 30 Jan 2016 - 01:05 pm | Last Updated: 02 Nov 2021 - 01:58 pm
Peninsula

Iraq oil minister Adel Abdul Mahdi 

 

BAGHDAD: Iraq's oil minister said on Saturday his country was ready to accept a decision by OPEC and non-OPEC members to cut crude production.

"Iraq will agree and cooperate if producers really want to cooperate to cut," Adel Abdul Mahdi told reporters in Baghdad.

He said that Iraq's southern oil exports through Jan. 24 averaged 3.324 million barrels per day (bpd), with production at about 3.7 million bpd.

Reuters