Iraq Reveals Oilfields Output to Win Over OPEC Ahead of Meeting
- State marketing agency shows rare details of crude production
- Iraq wants OPEC to accept its figures before November meeting
OPEC: Iraq 'Firmly Committed' to Algiers Accord
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Iraq published data showing a rare level of detail for its oil production and exports, a week after inviting energy reporters to Baghdad to make a case that the country is pumping more crude than analysts and OPEC acknowledge.
The country’s state oil marketing agency released a statement on Sunday showing September production figures for each of the 26 fields it controls, plus a single output figure for the semi-autonomous Kurdish region, which manages its crude independently. Previous monthly statements showed just two figures: total production and total exports. The Oil Marketing Co., known as SOMO, also provided detailed data on exports and domestic consumption.