Iraq is seeking to increase its oil production and secure a higher export ceiling through talks with OPEC, Oil Minister Bassim Khudair told the Iraqi News Agency (INA).
Khudair said Baghdad remained committed to the export ceiling set by OPEC, while noting that the country’s production capacity differed from its export capacity.
He added that discussions with the group took into account Iraq’s specific circumstances and the conditions it had experienced over the past five decades.
“Iraq deserves an increase in production to secure the financial revenues needed to develop infrastructure and implement government plans,” Khudair said.
The minister also reaffirmed Iraq’s commitment to its OPEC production ceiling of 4.431 million barrels per day (mmbbl/d).