In light of an OPEC quota agreement, Iraq has made steep cuts at state-run fields, but those reductions are being offset by long-planned increases at IOC-operated projects. Iraqi Oil Minister Thamir Ghadhban (second from left) during a Feb. 10, 2019, visit to the Rumaila oil field. (Source: Basra Oil Company media office) Iraq sustained record-high oil production in January, despite efforts to begin limiting output in accordance with an OPEC agreement. The federal government and the autonomous Kurdistan Regional Government (KRG) together produced about 4.94 million barrels per day (bpd) in January – the same as overall output in December – according to an Iraq Oil Report analysis based on data gathered from each producing field. This content is for registered users . Please login to continue. If you are not a registered user, you may purchase a subscription or sign up for a free trial . Iraq Oil […]