February 25, 2021 | oil and gas

SOMO: An Upcoming Meeting Next month To Increase Production By 500 Thousand Barrels Per Day

Baghdad / NINA /- The Oil Marketing Company, SOMO, revealed an upcoming meeting at the beginning of next month for OPEC to increase production by 500 thousand barrels per day.

It said: Iraq's share of increasing production in OPEC is 60 thousand barrels per day, pointing to the freezing of oil sales by prepayment at the present time.

It indicated that the federal government has the exclusive authority to manage oil throughout Iraq.

SOMO confirmed its readiness to manage the oil file in the region after the agreement of the federal government with the region.


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