Sayyid Ammar Hakim stresses to exempt Iraq from any reduction of oil production for being at war with terrorism on behalf of the world
Sayyid Ammar al-Hakim, head of the Iraqi National Alliance, stressed the need to exempt Iraq from any agreement that would result in reducing oil production, citing that particularly Iraq needs this exception for being locked in a fierce war with Daesh terrorism, which is a war fought on behalf of the world considering that Daesh is a threat to all.
\r\nThis took place during his eminence’s meeting with the new secretary-general of OPEC Mohammed Sanusi Barkindo at his office in Baghdad Tuesday, 25.10.2016.
\r\nHis eminence stressed the importance of preparing negotiation atmosphere on oil between OPEC and world\'s oil producers for all, calling for adapting the \"profit for all\" approach in order to support oil prices and to maintain OPEC\'s share in the global market, reminding that the oil industry of Iraq had suffered a lot of curves that suspended production goals, and prevented export for more than a decade, and then Iraq is caught in a war with terrorism and Daesh, and this war is presenting a necessity to exempt Iraq share in the oil market from any reduction in production, pointing out that Iraq is a founding OPEC member and one of the first countries that urged to support prices and preserve the share of OPEC.
\r\nFrom his part Mr. Barkindo affirmed his support for Iraq\'s request to be exempted from any agreement to cut production. Mr. Barkindo expressed his congratulations to Iraq’s victories achieved against Daesh terrorism, praising Iraq\'s position in nominating the Secretary General of the OPEC after it was vacant for more than three years.
\r\nThe meeting was attended by Minister of Oil Mr. Jabbar Lu’aibi, former Minister of Oil Mr. Ibrahim Bahr al-Ulum and Manager of Crude Oil Marketing Company Mr. Falah al-Amiri and Chairman of the Committee on Energy Mr. Ali Fayad.
