Iraqi Kurdistan will cooperate with Baghdad in reducing oil production - oil minister of Kurdistan
Iraqi Kurdistan is united with Baghdad in reducing oil production within OPEC deal. This was stated by the Minister of Oil of the autonomous region Ashti Hawrami.
Iraq is going to cut oil production by 210,000 barrels per day from the current 4.6 million barrels per day, of which 27,000 barrels of potentially fall on the side of Kurdistan. According to the minister, it is not known how much of the reduction required by the region, but it will not "essential".
Kurdistan "He wants to cooperate with Baghdad" in reducing oil production, the minister said, but instead he is able to supply oil products for energy purposes. Nevertheless, the minister hinted that the decision of the cartel is likely to cause to postpone plans to increase production from the current 600 barrels per day to 1 million barrels a day, which is already limited by the low cost in the region of oil and instability due to the fight against the terrorists of the Islamic state.
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