After flouting its 4.51mn b/d production allocation in seven out of eight months this year, Opec’s leadership is cracking down on perennial compliance cheater Iraq.
At the World Energy Congress in Abu Dhabi this week, several key officials - including Saudi Arabia’s new Energy Minister Abdulaziz bin Salman and his Russian counterpart Alexander Novak – said that stronger compliance for all Opec+ members is essential. (CONTINUED - 949 WORDS)