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  • 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."

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