Iraq is committed to cuts in production

At the conference of the Chatham House in London, Jabar al-Luaibi, Iraqi oil minister, said that although he is working hard to increase oil export capacity both in the southern and northern countries, Iraq will fulfil the Oil reduction with the Organization of Petroleum Exporting Countries (OPEC). Currently the total capacity has reached 5 million barrels per day, but it is expected that with the help of BP (British Petroleum), Iraq can double the production. 

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