Iraq prepares for OPEC quota fight
As OPEC members pressure the group's second-largest member to limit production, Iraq's oil leaders lay out the framework for their stern counter-arguments.
Iraqi workers tend to the Tuba oil field in Basra on Feb. 19, 2015. (ESSAM AL-SUDANI/Reuters)
BAGHDAD - Gearing up for a tough confrontation with OPEC next month, Iraq says it won't cut oil production and if OPEC wants to impose production limits, it will only agree to a freeze at its official September levels.
Senior Iraqi Oil Ministry officials offered what is likely a preview of the arguments they will present at OPEC's next meeting on Nov. 30 to energy reporters at an invite-only conference in Baghdad on Sunday and Monday, providing detailed production figures and spelling out the factors that prevent Iraq from reducing output.
Login to your account
Subscribe for news access
Annual News subscribers receive access to the full archive of Iraq Oil Report articles.
