Iran, Libya, Venezuela remain exempt from oil production cuts under the OPEC+ deal, Iraqi Oil Minister Thamir Ghadhban said Friday
VIENNA (Pakistan Point News / Sputnik - 06th December, 2019) Iran, Libya, Venezuela remain exempt from oil production cuts under the OPEC+ deal, Iraqi Oil Minister Thamir Ghadhban said Friday."Three countries are exempt: Iran, Libya and Venezuela. They have not been affected [by revised deal]," Ghadhban told reporters following the OPEC+ ministerial meeting in Vienna.
Venezuelan Oil Minister Manuel Quevedo also announced earlier in the day that OPEC+ has maintained Venezuela's exemption from the reduction in oil production.