Abdul-Mahdi is expected to stabilize oil prices above $ 70
Abdul-Mahdi is expected to stabilize oil prices above $ 70
12/22/2014 15:13 GMT
Follow-up – and babysit – predicted oil minister Adel Abdul Mahdi, on Monday, the stability of oil prices above $ 70 per barrel the middle of next year, with likely that Iraq produces four million barrels per day in 2015, expected to start work on a final agreement with the Kurdistan region on the export of oil In a matter of weeks.
Abdul-Mahdi said that “the Iraqi Kurdistan export of crude oil will continue under the tentative agreement with Baghdad until they reached a comprehensive agreement,” expected “to start work on the conclusion of a final agreement in a matter of weeks.”
“The initial agreement was concluded on the basis in order to Baghdad for 2015 budget situation,” adding that “it is expected to reach a final settlement in the coming weeks.”
And Abdul-Mahdi, that “Kurdistan can continue to export more than the limit of 250 thousand barrels per day for its own account, but the legal action taken against Baghdad, the Kurdish authorities in Erbil because of oil exports will remain in place.”
Abdul-Mahdi, and pointed out that “the two sides agreed to keep the situation as it is at the moment, which means that the Kurdish side produced and exported, and the Iraqi government establish some lawsuits in this regard,” adding that “this is illegal and then things will remain the way they are it now. ”
M.a
alrayy.com
