Iraqi Prime Minister Haidar al-Abadi discussed in Baghdad Saturday evening with the Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Mohammed Bakando and his delegation ways to maintain coordination between the oil-producing countries and the rights of members of the Organization.
Abadi’s office said in a statement that the prime minister received the Secretary-General of the Organization (OPEC) Mohammed Senusi Bakendo and his delegation. ”
The statement said that the meeting, which was attended by Iraqi Oil Minister Jabbar al-Luaibi, discussed ways to maintain coordination between the oil-producing countries and the rights of the members of the organization.
The President of the Republic Fuad Masum met in Baghdad on Saturday evening OPEC Secretary General, Mohamed Sanusi Bakendo and the delegation of the organization accompanying him.
At the start of the meeting, Masoumi welcomed Bakandou and the guest delegation, pointing to the importance of the Organization’s hoped-for role in maintaining coordination between the oil producing countries and preserving the rights of the members.
Where he stressed the need to liberalize the sale of oil from the effects of politics and not subject to supply and demand and prices to the differences and the effects of policy.
For his part, Bakendo praised the important role of Iraq in OPEC as a founding state of the Organization and Iraq’s keenness for the unity of OPEC and strengthen its efforts to serve the interests of all.
The Iraqi oil minister confirmed Iraq’s commitment to reduce the production ceiling in accordance with the agreement of the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC countries, which began in January.
He said: Iraq is committed to the decision to reduce, despite achieving record rates of oil exports during the past year and hoped to improve oil prices after controlling the supply and the global demand for oil in the coming period.