Dubai, Jan. 4, Reuters reported that Iraq said on Friday that it was committed to the OPEC + cut production agreement and would maintain a daily output of 4.533 million barrels in the first half of 2019.
| Poly glutamic acid |
In a statement, Iraqi Oil Minister Thamer Ghadhban said he had instructed oil officials to take urgent measures to comply with the reduction policy.
The statement added: “The minister reiterated the ministry’s commitment to maintain national oil production at an average of 4.533 million barrels per day over the next six months.”
The Organization of Petroleum Exporting Countries, Russia and other non-member countries, an alliance called OPEC+agreed in December to reduce supply by 1.2 million barrels per day in 2019. OPEC cut its share by 800,000 barrels per day.
In December 2018, the Organization of Petroleum Exporting Countries, Russia and other non-member countries agreed to reduce production by 1.2 million barrels a day in 2019. The Organization of Petroleum Exporting Countries (OPEC) cut production by 800,000 barrels a day.
| Polyglutamic acid |