Iraq ready to reduce oil production

Iraq ready to reduce oil production

Iraq plans to reduce oil production from 3.8 to 3.6 million barrels a day this year, the representative of the Ministry of Oil Assem Jihad said.

"Our production volume is 3.8 million barrels a day. It is planned to produce 3.6 million barrels a day in 2016,'' RIA Novosti cites him as saying.

Oil revenues decreased in the country by 70% due to the fall in oil prices.

8075 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.