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FinancialNews
30-08-18
Iraq ready to increase crude exports
(MENAFN) Iraq was announced to be willing boost the shipments of its crude exports once OPEC reaches a decision on the method members are to share a collective supply increase.
The news has been unveiled by acting director-general of the state-run Oil Marketing Co, Alaa Al-Yasiri during an interview held on Wednesday in Baghdad.
Iraq's exports are planned to hit nearly 3.595 million barrels per day within this month, a jump from the 3.54 million barrels per day generated in July.
Al-Yasiri stated "if decisions are made that the market is in need of quantities - and our conviction as marketer is that the market is in need of quantities - then Iraq will have the ability to raise."
MENAFN3008201800450000ID1097362915
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