OPEC secretary general says Iraqi oil facilities secure, production continuing

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ABU DHABI, Jan 8 (Reuters) – Iraqi oil facilities are secured and the country’s production is continuing, OPEC’s Secretary General Mohammed Barkindo said on Wednesday.

“It’s a big relief that the facilities continue to be secured in Iraq, the production is continuing and effective,” Barkindo said on the sidelines of a conference in Abu Dhabi,

He said he was optimistic Iraq would reach 100 percent compliance with OPEC cuts in time, despite current tensions.

In a message to U.S. President Donald Trump, Barkindo said the Organization of the Petroleum Exporting Countries (OPEC) alone could not shoulder the responsibility of maintaining a stable oil market. (Reporting by Rania El Gamal and Dahlia Nehme; Writing by Nafisa Eltahir; Editing by Tom Hogue)

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Godwin Okafor is a Financial Journalist, Internet Social Entrepreneur and Founder of Naija247news Media Limited. He has over 16 years experience in financial journalism. His experience cuts across traditional and digital media. He started his journalism career at Business Day, Nigeria and founded Naija247news Media in 2010. Godwin holds a Bachelors degree in Industrial Relations and Personnel Management from the Lagos State University, Ojo, Lagos. He is an alumni of Lagos Business School and a Fellow of the University of Pennsylvania (Wharton Seminar for Business Journalists). Over the years, he has won a number of journalism awards. Godwin is the chairman of Emmerich Resources Limited, the publisher of Naija247news.

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