The organization is now producing 2 million barrels a day over its official production ceiling of 28 million b/d.
Shamkhi Faraj
The new minister will have a lot to do; the sector needs somebody to get it out of a bad situation.
bad situation
The prevailing idea among member countries is to maintain the official production ceiling of the organization.
organization idea
organization day
We don't have much money available for imports.
money
The country is destroyed now. These politicians are working to make personal gains.
personal politicians working country
I think an OPEC price ceiling of 0-0 a barrel is favorable for the organization's members.
price
OPEC's scheduled meeting in June is too far and it needs to meet again either at the end of April or beginning of May.
meeting end beginning june
I think an OPEC price ceiling of US0-US0 a barrel is favorable for the organization's members.
The investment law could take some time and we are not prepared to wait for that long.
time law wait investment
I think we could talk more on the procedures and possibilities and when they are ready to come in. We are ready to make all the things required for making investment.. But they are hesitant because of the security situation.
possibilities security talk things situation ready investment
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